7, MALMAINS WAY, BECKENHAM, BR3 6SA - £1,250,000

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 MALMAINS WAY is a large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £1,250,000 in June 2023, which was around 23% above the average June 2023 detached price in the Bromley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

7 MALMAINS WAY Sold Prices

Land registry data shows two sales for 7 MALMAINS WAY 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 MALMAINS WAY 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
2023 6 JUN	£1,250,000	£1,016,814	23% above HPI
2001 30 APR	£370,000	£326,841	13% above HPI

7 MALMAINS WAY 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 MALMAINS WAY sales from April 2001 and June 2023 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 April 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 7 MALMAINS WAY?

7 MALMAINS WAY is 190m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 7 MALMAINS WAY lies on this distribution: 60% of detached houses are smaller than 7 MALMAINS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

7 MALMAINS WAY: Plot and Title Map

7 MALMAINS WAY sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 7 MALMAINS WAY, 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 MALMAINS WAY). 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 MALMAINS WAY?

7 MALMAINS WAY is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 7 on MALMAINS WAY.