HAZELBANK, CHELSFIELD LANE, ORPINGTON, BR6 7RS - £695,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HAZELBANK is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £695,000 in August 2017, which was around 20% below the average August 2017 detached price in the Bromley local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

HAZELBANK Sold Prices

Land registry data shows three sales for HAZELBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three HAZELBANK sales were 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
2017 18 AUG	£695,000	£865,993	20% below HPI
2012 29 MAR	£450,000	£547,280	18% below HPI
2001 9 NOV	£273,000	£354,795	23% below HPI

HAZELBANK 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 three HAZELBANK sales between November 2001 and August 2017 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 March 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is HAZELBANK?

HAZELBANK is 193m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where HAZELBANK lies on this distribution: 86% of detached houses are smaller than HAZELBANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Orpington.

HAZELBANK: Plot and Title Map

HAZELBANK sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of HAZELBANK, 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 HAZELBANK). 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 HAZELBANK?

HAZELBANK is located on CHELSFIELD LANE in ORPINGTON, in the BR6 postcode district. The below map shows the position of HAZELBANK on CHELSFIELD LANE.