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
98 FRIAR ROAD is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £345,000 in June 2011, which was around 36% below the average June 2011 detached price in the Bromley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 98 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 98 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 |
---|---|---|---|
2011 28 JUN | £345,000 | £542,986 | 36% below HPI |
2002 8 MAR | £190,000 | £354,906 | 46% below HPI |
1998 29 MAY | £116,000 | £218,155 | 47% 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 98 FRIAR ROAD sales between May 1998 and June 2011 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 March 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2011 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
98 FRIAR ROAD is 116m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 98 FRIAR ROAD lies on this distribution: 39% of detached houses are smaller than 98 FRIAR ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Orpington.
98 FRIAR ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 98 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 98 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.
98 FRIAR ROAD is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 98 on FRIAR ROAD.