10, FOREST WAY, ORPINGTON, BR5 2AQ - £525,000

10 FOREST WAY is a small extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2015, which was around 31% below the average August 2015 detached price in the Bromley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was C.

10 FOREST WAY Sold Prices

Land registry data shows four sales for 10 FOREST WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 10 FOREST WAY sales were 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
2015 25 AUG	£525,000	£765,715	31% below HPI
2006 25 MAY	£322,000	£459,704	30% below HPI
1999 15 NOV	£199,950	£273,009	27% below HPI
1997 15 JUL	£154,000	£196,099	21% below HPI

10 FOREST WAY 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 four 10 FOREST WAY sales between July 1997 and August 2015 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 10 FOREST WAY?

10 FOREST WAY is 113m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 10 FOREST WAY lies on this distribution: 35% of detached houses are smaller than 10 FOREST WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Orpington.

10 FOREST WAY: Plot and Title Map

10 FOREST WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 10 FOREST WAY, 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 10 FOREST WAY). 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 10 FOREST WAY?

10 FOREST WAY is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 10 on FOREST WAY.