CHERRY GREEN, OAKLEY ROAD, BROMLEY, BR2 8HQ - £1,110,000

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

CHERRY GREEN is a large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £1,110,000 in April 2022, which was around 11% above the average April 2022 detached price in the Bromley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

CHERRY GREEN Sold Prices

Land registry data shows two sales for CHERRY GREEN 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 CHERRY GREEN sales was for above the average price, whilst the other was 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
2022 8 APR	£1,110,000	£996,017	11% above HPI
2010 30 JUN	£500,000	£532,552	6% below HPI

CHERRY GREEN 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 CHERRY GREEN sales from June 2010 and April 2022 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 June 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CHERRY GREEN?

CHERRY GREEN is 196m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where CHERRY GREEN lies on this distribution: 73% of detached houses are smaller than CHERRY GREEN, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

CHERRY GREEN: Plot and Title Map

CHERRY GREEN sits on a plot of roughly 0.287 of an acre, or 1,162m². The below map shows the location of CHERRY GREEN, 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 CHERRY GREEN). 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 CHERRY GREEN?

CHERRY GREEN is located on OAKLEY ROAD in BROMLEY, in the BR2 postcode district. The below map shows the position of CHERRY GREEN on OAKLEY ROAD.