CLAREWOOD, BICKLEY PARK ROAD, BROMLEY, BR1 2AY - £1,035,000

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

CLAREWOOD is a large extended detached house of 200m², built sometime before 1900. It was last sold for £1,035,000 in May 2020, which was around 21% above the average May 2020 detached price in the Bromley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was C.

CLAREWOOD Sold Prices

Land registry data shows two sales for CLAREWOOD 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 CLAREWOOD sales were for above 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
2020 15 MAY	£1,035,000	£855,729	21% above HPI
2017 6 JUN	£950,000	£866,817	10% above HPI

CLAREWOOD 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 CLAREWOOD sales from June 2017 and May 2020 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 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is CLAREWOOD?

CLAREWOOD is 200m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 CLAREWOOD lies on this distribution: 75% of detached houses are smaller than CLAREWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in London.

CLAREWOOD: Plot and Title Map

CLAREWOOD sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of CLAREWOOD, 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 CLAREWOOD). 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 CLAREWOOD?

CLAREWOOD is located on BICKLEY PARK ROAD in BROMLEY, in the BR1 postcode district. The below map shows the position of CLAREWOOD on BICKLEY PARK ROAD.