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
81 HOMEFIELD RISE is a small extended detached house of 100m², built sometime between 2007 and 2011. It was last sold for £275,000 in July 2010, which was around 49% below the average July 2010 detached price in the Bromley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 81 HOMEFIELD RISE 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 81 HOMEFIELD RISE 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 |
---|---|---|---|
2010 26 JUL | £275,000 | £538,507 | 49% below HPI |
2002 30 APR | £137,000 | £354,311 | 61% below HPI |
1996 28 JUN | £58,000 | £167,316 | 65% 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 81 HOMEFIELD RISE sales between June 1996 and July 2010 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 April 2002 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the July 2010 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
81 HOMEFIELD RISE is 100m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 81 HOMEFIELD RISE lies on this distribution: 23% of detached houses are smaller than 81 HOMEFIELD RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Orpington.
81 HOMEFIELD RISE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 81 HOMEFIELD RISE, 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 81 HOMEFIELD RISE). 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.
81 HOMEFIELD RISE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 81 on HOMEFIELD RISE.