THE COTTAGE, FOUNTAIN COURT, LAWRIE PARK ROAD, LONDON, SE26 6EE - £1,750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE COTTAGE is a midsized detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £1,982,052. It was last sold for £1,750,000 in March 2021, which was around 87% above the average March 2021 detached price in the Bromley local authority area. The most recent EPC inspection was November 2009, where the current energy rating was G, and the potential energy rating was G.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 THE 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
2021 1 MAR	£1,750,000	£933,497	87% above HPI
2017 5 MAY	£985,000	£900,015	9% above HPI

THE 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 THE COTTAGE sales from May 2017 and March 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 May 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £1,982,052.

This is based on house price inflation of 13.3%, between March 2021 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for THE COTTAGE of £1,750,000 on 1st March 2021. For the value to have increased from £1,750,000 to £1,982,052 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2021 sale price of £1,750,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since March 2021.

How Large is THE COTTAGE?

THE COTTAGE is 128m² according to the EPC inspection conducted in November 2009. This puts it in the largest 50% of detached houses houses in Penge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penge, and where THE COTTAGE lies on this distribution: 52% of detached houses houses are smaller than THE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Penge.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE, FOUNTAIN COURT is located on LAWRIE PARK ROAD in LONDON, in the SE26 postcode district. The below map shows the position of THE COTTAGE, FOUNTAIN COURT on LAWRIE PARK ROAD.