PHOENIX COTTAGE, CHELSFIELD LANE, ORPINGTON, BR6 7RS - £760,000

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

PHOENIX COTTAGE is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £760,000 in July 2023, which was around 25% below the average July 2023 detached price in the Bromley local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

PHOENIX COTTAGE Sold Prices

Land registry data shows two sales for PHOENIX COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two PHOENIX COTTAGE 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
2023 20 JUL	£760,000	£1,013,872	25% below HPI
2014 29 JUL	£425,000	£700,944	39% below HPI

PHOENIX 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 two PHOENIX COTTAGE sales from July 2014 and July 2023 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PHOENIX COTTAGE?

PHOENIX COTTAGE is 157m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where PHOENIX COTTAGE lies on this distribution: 71% of detached houses are smaller than PHOENIX COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Orpington.

PHOENIX COTTAGE: Plot and Title Map

PHOENIX COTTAGE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of PHOENIX 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 PHOENIX 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 PHOENIX COTTAGE?

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