PINE COTTAGE, PINE GLADE, ORPINGTON, BR6 8NT - £2,800,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINE COTTAGE is a very large extended detached house of 391m², built sometime between 1930 and 1949. It was last sold for £2,800,000 in August 2015, which was around 266% above the average August 2015 detached price in the Bromley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

PINE COTTAGE Sold Prices

Land registry data shows two sales for PINE 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 PINE 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
2015 14 AUG	£2,800,000	£765,715	266% above HPI
1996 28 JUN	£875,000	£167,316	423% above HPI

PINE 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 PINE COTTAGE sales from June 1996 and August 2015 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 1996 sale was for 423% above the HPI. So the extrapolation line tracks at 423% above the HPI over time, until the August 2015 sale, where it falls to 266% above the HPI. The line then continues to track at 266% above the HPI.

How Large is PINE COTTAGE?

PINE COTTAGE is 391m², which includes two extensions, according to the EPC inspection conducted in May 2015. 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 PINE COTTAGE lies on this distribution: 96% of detached houses are smaller than PINE COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in London.

PINE COTTAGE: Plot and Title Map

PINE COTTAGE sits on a plot of roughly 0.987 of an acre, or 3,992m². The below map shows the location of PINE 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 PINE 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 PINE COTTAGE?

PINE COTTAGE is located on PINE GLADE in ORPINGTON, in the BR6 postcode district. The below map shows the position of PINE COTTAGE on PINE GLADE.