BANK COTTAGE, COPERS COPE ROAD, BECKENHAM, BR3 1NZ - £485,000

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

BANK COTTAGE is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £485,000 in November 2023, which was around 51% below the average November 2023 detached price in the Bromley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was B.

BANK COTTAGE Sold Prices

Land registry data shows two sales for BANK COTTAGE 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 BANK COTTAGE 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
2023 30 NOV	£485,000	£999,455	51% below HPI
2004 27 SEP	£342,500	£456,407	25% below HPI

BANK COTTAGE 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 BANK COTTAGE sales from September 2004 and November 2023 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 September 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is BANK COTTAGE?

BANK COTTAGE is 87m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where BANK COTTAGE lies on this distribution: 2% of detached houses are smaller than BANK COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

BANK COTTAGE: Plot and Title Map

BANK COTTAGE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of BANK COTTAGE, 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 BANK COTTAGE). 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 BANK COTTAGE?

BANK COTTAGE is located on COPERS COPE ROAD in BECKENHAM, in the BR3 postcode district. The below map shows the position of BANK COTTAGE on COPERS COPE ROAD.