8, LAKE AVENUE, BROMLEY, BR1 4EN - £580,000

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

8 LAKE AVENUE is a large detached house of 196m², built sometime between 1967 and 1975. It was last sold for £580,000 in January 2007, which was around 17% above the average January 2007 detached price in the Bromley local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was C.

8 LAKE AVENUE Sold Prices

Land registry data shows two sales for 8 LAKE AVENUE 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 8 LAKE AVENUE 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
2007 12 JAN	£580,000	£494,709	17% above HPI
1997 6 AUG	£229,750	£201,101	14% above HPI

8 LAKE AVENUE 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 8 LAKE AVENUE sales from August 1997 and January 2007 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 August 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2007 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 8 LAKE AVENUE?

8 LAKE AVENUE is 196m² according to the EPC inspection conducted in July 2024. 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 8 LAKE AVENUE lies on this distribution: 73% of detached houses are smaller than 8 LAKE AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

8 LAKE AVENUE: Plot and Title Map

8 LAKE AVENUE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 8 LAKE AVENUE, 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 8 LAKE AVENUE). 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 8 LAKE AVENUE?

8 LAKE AVENUE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 8 on LAKE AVENUE.