GREENACRES, BICKLEY PARK ROAD, BROMLEY, BR1 2AS - £1,430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREENACRES is a very large extended detached house of 350m², built sometime between 2007 and 2011, which could now be worth an estimated £1,738,422. It was last sold for £1,430,000 in May 2016, which was around 64% above the average May 2016 detached price in the Bromley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES 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
2016 19 MAY	£1,430,000	£869,703	64% above HPI
2006 16 JUN	£570,000	£483,382	18% above HPI

GREENACRES 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 GREENACRES sales from June 2006 and May 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 June 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2016 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £1,738,422.

This is based on house price inflation of 21.6%, between May 2016 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for GREENACRES of £1,430,000 on 19th May 2016. For the value to have increased from £1,430,000 to £1,738,422 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2016 sale price of £1,430,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since May 2016.

How Large is GREENACRES?

GREENACRES is 350m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where GREENACRES lies on this distribution: 94% of detached houses houses are smaller than GREENACRES, and 6% of houses are larger. Note that EPC data is not available for all properties in London.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

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