81, HOMEMEAD ROAD, BROMLEY, BR2 8AX - £735,000

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 HOMEMEAD ROAD is a midsized detached house of 158m², built sometime between 1900 and 1929. It was last sold for £735,000 in August 2016, which was around 15% below the average August 2016 detached price in the Bromley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was D.

81 HOMEMEAD ROAD Sold Prices

Land registry data shows two sales for 81 HOMEMEAD ROAD 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 81 HOMEMEAD 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
2016 1 AUG	£735,000	£869,055	15% below HPI
2002 9 JUL	£270,000	£379,838	29% below HPI

81 HOMEMEAD ROAD 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 81 HOMEMEAD ROAD sales from July 2002 and August 2016 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 July 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 81 HOMEMEAD ROAD?

81 HOMEMEAD ROAD is 158m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 81 HOMEMEAD ROAD lies on this distribution: 58% of detached houses are smaller than 81 HOMEMEAD ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in London.

81 HOMEMEAD ROAD: Plot and Title Map

81 HOMEMEAD ROAD sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 81 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 81 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.

Where is 81 HOMEMEAD ROAD?

81 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 81 on HOMEMEAD ROAD.