7, HOMESTEAD ROAD, ORPINGTON, BR6 6HN - £835,000

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 HOMESTEAD ROAD is a very large detached house of 393m². It was last sold for £835,000 in June 2012, which was around 51% above the average June 2012 detached price in the Bromley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

7 HOMESTEAD ROAD Sold Prices

Land registry data shows two sales for 7 HOMESTEAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 7 HOMESTEAD ROAD 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
2012 29 JUN	£835,000	£554,407	51% above HPI
1996 10 JAN	£245,000	£167,369	46% above HPI

7 HOMESTEAD ROAD 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 two 7 HOMESTEAD ROAD sales from January 1996 and June 2012 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 January 1996 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2012 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 7 HOMESTEAD ROAD?

7 HOMESTEAD ROAD is 393m² according to the EPC inspection conducted in January 2014. 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 HOMESTEAD ROAD lies on this distribution: 96% of detached houses are smaller than 7 HOMESTEAD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in London.

7 HOMESTEAD ROAD: Plot and Title Map

7 HOMESTEAD ROAD sits on a plot of roughly 0.593 of an acre, or 2,402m². The below map shows the location of 7 HOMESTEAD ROAD, 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 HOMESTEAD ROAD). 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 HOMESTEAD ROAD?

7 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 7 on HOMESTEAD ROAD.