OAKLEY, MEADWAY, BECKENHAM, BR3 5NX - £360,000

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

OAKLEY is a small detached house of 134m², built sometime between 1976 and 1982. It was last sold for £360,000 in November 2005, which was around 19% below the average November 2005 detached price in the Bromley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

OAKLEY Sold Prices

Land registry data shows three sales for OAKLEY 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 OAKLEY 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
2005 4 NOV	£360,000	£446,014	19% below HPI
2000 16 JUN	£275,000	£311,282	12% below HPI
1999 29 APR	£220,000	£238,948	8% below HPI

OAKLEY 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 OAKLEY sales between April 1999 and November 2005 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 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2005 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is OAKLEY?

OAKLEY is 134m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where OAKLEY lies on this distribution: 20% of detached houses are smaller than OAKLEY, and 79% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

OAKLEY: Plot and Title Map

OAKLEY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of OAKLEY, 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 OAKLEY). 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 OAKLEY?

OAKLEY is located on MEADWAY in BECKENHAM, in the BR3 postcode district. The below map shows the position of OAKLEY on MEADWAY.