7, FALCON AVENUE, BROMLEY, BR1 2EH - £1,055,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 FALCON AVENUE is a midsized extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £1,055,000 in March 2021, which was around 18% above the average March 2021 detached price in the Bromley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

7 FALCON AVENUE Sold Prices

Land registry data shows three sales for 7 FALCON AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Two of the three 7 FALCON AVENUE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 MAR	£1,055,000	£895,970	18% above HPI
2007 28 NOV	£655,000	£560,357	17% above HPI
2003 6 JUN	£378,750	£423,324	11% below HPI

7 FALCON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 7 FALCON AVENUE sales between June 2003 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 FALCON AVENUE?

7 FALCON AVENUE is 161m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 7 FALCON AVENUE lies on this distribution: 59% of detached houses are smaller than 7 FALCON AVENUE, and 41% of houses are larger. Note that EPC data is not available for all properties in London.

7 FALCON AVENUE: Plot and Title Map

7 FALCON AVENUE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 7 FALCON AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 FALCON AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 FALCON AVENUE?

7 FALCON AVENUE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 7 on FALCON AVENUE.