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
78 FRIAR ROAD is a very small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £390,000 in April 2014, which was around 40% below the average April 2014 detached price in the Bromley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 78 FRIAR 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. All of the three 78 FRIAR 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 |
---|---|---|---|
2014 17 APR | £390,000 | £647,626 | 40% below HPI |
2004 27 MAY | £310,000 | £440,639 | 30% below HPI |
1999 15 NOV | £125,000 | £273,009 | 54% 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 78 FRIAR ROAD sales between November 1999 and April 2014 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
78 FRIAR ROAD is 94m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 78 FRIAR ROAD lies on this distribution: 18% of detached houses are smaller than 78 FRIAR ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Orpington.
78 FRIAR ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 78 FRIAR 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 78 FRIAR 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.
78 FRIAR ROAD is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 78 on FRIAR ROAD.