VILLA MAY, LAKESWOOD ROAD, PETTS WOOD, ORPINGTON, BR5 1BJ - £975,000

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

VILLA MAY is a large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £975,000 in November 2020, which was around 8% above the average November 2020 detached price in the Bromley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

VILLA MAY Sold Prices

Land registry data shows two sales for VILLA MAY 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 VILLA MAY 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
2020 5 NOV	£975,000	£900,704	8% above HPI
2019 6 DEC	£750,000	£874,008	14% below HPI

VILLA MAY 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 VILLA MAY sales from December 2019 and November 2020 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 December 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is VILLA MAY?

VILLA MAY is 181m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 VILLA MAY lies on this distribution: 68% of detached houses are smaller than VILLA MAY, and 31% of houses are larger. Note that EPC data is not available for all properties in London.

VILLA MAY: Plot and Title Map

VILLA MAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of VILLA MAY, 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 VILLA MAY). 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 VILLA MAY?

VILLA MAY is located on LAKESWOOD ROAD in PETTS WOOD, in the BR5 postcode district. The below map shows the position of VILLA MAY on LAKESWOOD ROAD.