OAK COTTAGE, WOOD WAY, ORPINGTON, BR6 8LS - £1,400,000

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

OAK COTTAGE is a very large extended detached house of 427m², built sometime between 1930 and 1949. It was last sold for £1,400,000 in June 2013, which was around 140% above the average June 2013 detached price in the Bromley local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows four sales for OAK COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four OAK COTTAGE 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
2013 20 JUN	£1,400,000	£583,029	140% above HPI
2001 9 AUG	£1,194,200	£341,265	250% above HPI
2000 30 MAR	£1,100,000	£295,433	272% above HPI
1996 25 JUN	£280,000	£167,316	67% above HPI

OAK COTTAGE 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 four OAK COTTAGE sales between June 1996 and June 2013 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 August 2001 sale was for 250% above the HPI. So the extrapolation line tracks at 250% above the HPI over time, until the June 2013 sale, where it falls to 140% above the HPI. The line then continues to track at 140% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 427m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 OAK COTTAGE lies on this distribution: 97% of detached houses are smaller than OAK COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in London.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.592 of an acre, or 2,395m². The below map shows the location of OAK COTTAGE, 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 OAK COTTAGE). 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 OAK COTTAGE?

OAK COTTAGE is located on WOOD WAY in ORPINGTON, in the BR6 postcode district. The below map shows the position of OAK COTTAGE on WOOD WAY.