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
73 HOMEMEAD ROAD is a large extended detached house of 199m², built sometime between 1950 and 1966. It was last sold for £955,000 in May 2019, which was around 13% above the average May 2019 detached price in the Bromley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 73 HOMEMEAD ROAD 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. Two of the three 73 HOMEMEAD ROAD 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 |
---|---|---|---|
2019 14 MAY | £955,000 | £846,967 | 13% above HPI |
2016 11 MAR | £870,000 | £830,813 | 5% above HPI |
2006 12 APR | £337,500 | £457,667 | 26% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 73 HOMEMEAD ROAD sales between April 2006 and May 2019 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 March 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
73 HOMEMEAD ROAD is 199m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 73 HOMEMEAD ROAD lies on this distribution: 74% of detached houses are smaller than 73 HOMEMEAD ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in London.
73 HOMEMEAD ROAD sits on a plot of roughly 0.238 of an acre, or 961m². The below map shows the location of 73 HOMEMEAD 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 73 HOMEMEAD 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.
73 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 73 on HOMEMEAD ROAD.