Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
71 GATES GREEN ROAD is a small detached house of 113m², built sometime between 1930 and 1949. It was last sold for £565,000 in November 2021, which was around 42% below the average November 2021 detached price in the Bromley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 71 GATES GREEN ROAD since 1st 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 71 GATES GREEN ROAD sales were 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 30 NOV | £565,000 | £970,486 | 42% below HPI |
2013 10 MAY | £353,000 | £575,281 | 39% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 71 GATES GREEN ROAD sales from May 2013 and November 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 May 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
71 GATES GREEN ROAD is 113m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 71 GATES GREEN ROAD lies on this distribution: 29% of detached houses are smaller than 71 GATES GREEN ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in London.
71 GATES GREEN ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 71 GATES GREEN 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 71 GATES GREEN 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.
71 GATES GREEN ROAD is located in WEST WICKHAM, in the BR4 postcode district. The below map shows the position of No. 71 on GATES GREEN ROAD.