THE BUNGALOW, HAYES MEAD ROAD, BROMLEY, BR2 7HR - £662,500

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

THE BUNGALOW is a small extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £662,500 in December 2018, which was around 25% below the average December 2018 detached price in the Bromley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW sales were for below the average price, whilst one was 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
2018 12 DEC	£662,500	£883,541	25% below HPI
2000 1 JUN	£325,000	£311,282	4% above HPI
1999 10 FEB	£171,000	£232,514	26% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between February 1999 and December 2018 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 125m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where THE BUNGALOW lies on this distribution: 37% of detached houses are smaller than THE BUNGALOW, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on HAYES MEAD ROAD in BROMLEY, in the BR2 postcode district. The below map shows the position of THE BUNGALOW on HAYES MEAD ROAD.