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
77 HOMEMEAD ROAD is a large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £975,000 in December 2020, which was around 7% above the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 77 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 77 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 |
---|---|---|---|
2020 14 DEC | £975,000 | £912,656 | 7% above HPI |
2003 24 OCT | £499,950 | £433,668 | 15% above HPI |
2002 12 AUG | £305,000 | £390,960 | 22% 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 77 HOMEMEAD ROAD sales between August 2002 and December 2020 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 October 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
77 HOMEMEAD ROAD is 178m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 77 HOMEMEAD ROAD lies on this distribution: 67% of detached houses are smaller than 77 HOMEMEAD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in London.
77 HOMEMEAD ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 77 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 77 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.
77 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 77 on HOMEMEAD ROAD.