CARMAY, CHELSFIELD LANE, ORPINGTON, BR6 7RR - £595,000

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

CARMAY is a midsized extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £595,000 in January 2016, which was around 27% below the average January 2016 detached price in the Bromley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

CARMAY Sold Prices

Land registry data shows two sales for CARMAY 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. One of the two CARMAY sales was for below the average price, whilst the other was roughly equal to 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 29 JAN	£595,000	£817,974	27% below HPI
2005 24 FEB	£461,250	£459,054	Close to HPI

CARMAY 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 CARMAY sales from February 2005 and January 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 February 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is CARMAY?

CARMAY is 156m², which includes one extension, according to the EPC inspection conducted in March 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 CARMAY lies on this distribution: 57% of detached houses are smaller than CARMAY, and 43% of houses are larger. Note that EPC data is not available for all properties in London.

CARMAY: Plot and Title Map

CARMAY sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of CARMAY, 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 CARMAY). 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 CARMAY?

CARMAY is located on CHELSFIELD LANE in ORPINGTON, in the BR6 postcode district. The below map shows the position of CARMAY on CHELSFIELD LANE.