SILVER LEY, SUNDRIDGE AVENUE, BROMLEY, BR1 2QA - £1,220,000

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

SILVER LEY is a very large detached house of 252m², built sometime between 1950 and 1966. It was last sold for £1,220,000 in January 2021, which was around 33% above the average January 2021 detached price in the Bromley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

SILVER LEY Sold Prices

Land registry data shows three sales for SILVER LEY 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. Two of the three SILVER LEY sales were for above the average price, whilst one was 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
2021 22 JAN	£1,220,000	£915,347	33% above HPI
2007 23 FEB	£1,100,000	£498,798	121% above HPI
2001 14 DEC	£325,000	£354,928	8% below HPI

SILVER LEY 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 SILVER LEY sales between December 2001 and January 2021 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 February 2007 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the January 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is SILVER LEY?

SILVER LEY is 252m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where SILVER LEY lies on this distribution: 86% of detached houses are smaller than SILVER LEY, and 14% of houses are larger. Note that EPC data is not available for all properties in London.

SILVER LEY: Plot and Title Map

SILVER LEY sits on a plot of roughly 0.451 of an acre, or 1,823m². The below map shows the location of SILVER LEY, 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 SILVER LEY). 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 SILVER LEY?

SILVER LEY is located on SUNDRIDGE AVENUE in BROMLEY, in the BR1 postcode district. The below map shows the position of SILVER LEY on SUNDRIDGE AVENUE.