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 FOREST RIDGE is a very large extended detached house of 528m², built sometime between 1950 and 1966. It was last sold for £2,800,000 in May 2017, which was around 224% above the average May 2017 detached price in the Bromley local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 FOREST RIDGE since 1st 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. All of the three 7 FOREST RIDGE sales were for above 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 |
---|---|---|---|
2017 31 MAY | £2,800,000 | £863,833 | 224% above HPI |
2007 2 JUL | £2,300,000 | £527,210 | 336% above HPI |
2006 6 APR | £1,400,000 | £457,667 | 206% above HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 7 FOREST RIDGE sales between April 2006 and May 2017 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 July 2007 sale was for 336% above the HPI. So the extrapolation line tracks at 336% above the HPI over time, until the May 2017 sale, where it falls to 224% above the HPI. The line then continues to track at 224% above the HPI.
7 FOREST RIDGE is 528m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% 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 FOREST RIDGE lies on this distribution: 98% of detached houses are smaller than 7 FOREST RIDGE, and 2% of houses are larger. Note that EPC data is not available for all properties in London.
7 FOREST RIDGE sits on a plot of roughly 0.559 of an acre, or 2,263m². The below map shows the location of 7 FOREST RIDGE, 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 FOREST RIDGE). 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.
7 FOREST RIDGE is located in KESTON, in the BR2 postcode district. The below map shows the position of No. 7 on FOREST RIDGE.