FAVEL HOUSE, HOLWOOD PARK AVENUE, ORPINGTON, BR6 8NG - £4,650,000

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

FAVEL HOUSE is a very large extended detached house of 666m², built sometime between 1930 and 1949. It was last sold for £4,650,000 in September 2023, which was around 357% above the average September 2023 detached price in the Bromley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

FAVEL HOUSE Sold Prices

Land registry data shows five sales for FAVEL HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the five FAVEL HOUSE 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
2023 29 SEP	£4,650,000	£1,018,506	357% above HPI
2011 1 APR	£2,400,000	£548,793	337% above HPI
1999 28 MAY	£975,000	£243,730	300% above HPI
1997 10 OCT	£740,000	£208,945	254% above HPI
1996 7 NOV	£640,000	£176,130	263% above HPI

FAVEL HOUSE 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 five FAVEL HOUSE sales between November 1996 and September 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 April 2011 sale was for 337% above the HPI. So the extrapolation line tracks at 337% above the HPI over time, until the September 2023 sale, where it rises to 357% above the HPI. The line then continues to track at 357% above the HPI.

How Large is FAVEL HOUSE?

FAVEL HOUSE is 666m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where FAVEL HOUSE lies on this distribution: 99% of detached houses are smaller than FAVEL HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

FAVEL HOUSE: Plot and Title Map

FAVEL HOUSE sits on a plot of roughly 0.537 of an acre, or 2,173m². The below map shows the location of FAVEL HOUSE, 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 FAVEL HOUSE). 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 FAVEL HOUSE?

FAVEL HOUSE is located on HOLWOOD PARK AVENUE in ORPINGTON, in the BR6 postcode district. The below map shows the position of FAVEL HOUSE on HOLWOOD PARK AVENUE.