8, SPINNEY OAK, BROMLEY, BR1 2NS - £1,275,000

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 SPINNEY OAK is a very large extended detached house of 242m², built sometime between 1967 and 1975. It was last sold for £1,275,000 in May 2021, which was around 39% above the average May 2021 detached price in the Bromley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

8 SPINNEY OAK Sold Prices

Land registry data shows two sales for 8 SPINNEY OAK 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 SPINNEY OAK 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
2021 21 MAY	£1,275,000	£914,465	39% above HPI
2011 8 AUG	£650,000	£539,253	21% above HPI

8 SPINNEY OAK 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 SPINNEY OAK sales from August 2011 and May 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 August 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 8 SPINNEY OAK?

8 SPINNEY OAK is 242m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 SPINNEY OAK lies on this distribution: 84% of detached houses are smaller than 8 SPINNEY OAK, and 16% of houses are larger. Note that EPC data is not available for all properties in London.

8 SPINNEY OAK: Plot and Title Map

8 SPINNEY OAK sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 8 SPINNEY OAK, 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 SPINNEY OAK). 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 SPINNEY OAK?

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