THE LODGE, BICKLEY PARK ROAD, BROMLEY, BR1 2AY - £465,000

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

THE LODGE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £465,000 in October 2004, which was around 1% above the average October 2004 detached price in the Bromley local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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. One of the two THE LODGE sales was for above the average price, whilst the other 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
2004 22 OCT	£465,000	£458,483	1% above HPI
1996 5 JUL	£145,000	£170,499	15% below HPI

THE LODGE 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 LODGE sales from July 1996 and October 2004 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2004 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is THE LODGE?

THE LODGE is 131m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% 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 LODGE lies on this distribution: 41% of detached houses are smaller than THE LODGE, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on BICKLEY PARK ROAD in BROMLEY, in the BR1 postcode district. The below map shows the position of THE LODGE on BICKLEY PARK ROAD.