LOWER GABLES, MAIN ROAD, ORPINGTON, BR5 3ET - £475,000

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

LOWER GABLES is a midsized semi-detached house of 134m², built sometime between 2003 and 2006. It was last sold for £475,000 in August 2017, which was around 45% below the average August 2017 detached price in the Bromley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

LOWER GABLES Sold Prices

Land registry data shows three sales for LOWER GABLES 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 LOWER GABLES 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 10 AUG	£475,000	£865,993	45% below HPI
2003 31 JUL	£282,000	£425,424	34% below HPI
2002 26 MAR	£180,000	£354,906	49% below HPI

LOWER GABLES 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 LOWER GABLES sales between March 2002 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 July 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is LOWER GABLES?

LOWER GABLES is 134m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where LOWER GABLES lies on this distribution: 54% of detached houses are smaller than LOWER GABLES, and 45% of houses are larger. Note that EPC data is not available for all properties in Orpington.

LOWER GABLES: Plot and Title Map

LOWER GABLES sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of LOWER GABLES, 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 LOWER GABLES). 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 LOWER GABLES?

LOWER GABLES is located on MAIN ROAD in ORPINGTON, in the BR5 postcode district. The below map shows the position of LOWER GABLES on MAIN ROAD.