LAKESIDE, GWYDYR ROAD, BROMLEY, BR2 0EX - £499,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAKESIDE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £606,406. It was last sold for £499,950 in March 2016, which was around 42% below the average March 2016 detached price in the Bromley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

LAKESIDE Sold Prices

Land registry data shows five sales for LAKESIDE 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 LAKESIDE 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
2016 11 MAR	£499,950	£865,612	42% below HPI
2012 25 JAN	£305,000	£569,561	46% below HPI
2011 31 MAY	£330,000	£575,523	43% below HPI
2004 8 MAR	£280,000	£464,248	40% below HPI
2001 22 JUN	£210,000	£343,046	39% below HPI

LAKESIDE 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 LAKESIDE sales between June 2001 and March 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 January 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might LAKESIDE be worth now?

LAKESIDE might now be worth an estimated £606,406.

This is based on house price inflation of 21.3%, between March 2016 and December 2024, 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 21.3% inflationary increase is applied to the most recent sale price for LAKESIDE of £499,950 on 11th March 2016. For the value to have increased from £499,950 to £606,406 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of LAKESIDE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2016 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of LAKESIDE has not materially changed since March 2016.

How Large is LAKESIDE?

LAKESIDE is 81m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where LAKESIDE lies on this distribution: 3% of detached houses houses are smaller than LAKESIDE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bromley.

LAKESIDE: Plot and Title Map

LAKESIDE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of LAKESIDE, 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 LAKESIDE). 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 LAKESIDE?

LAKESIDE is located on GWYDYR ROAD in BROMLEY, in the BR2 postcode district. The below map shows the position of LAKESIDE on GWYDYR ROAD.