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

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

GREENACRES is a very large extended detached house of 350m², built sometime between 2007 and 2011. It was last sold for £1,430,000 in May 2016, which was around 71% 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	£834,740	71% above HPI
2006 16 JUN	£570,000	£463,950	23% 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2016 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where GREENACRES lies on this distribution: 94% of detached 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.