120, SOUTHBOROUGH ROAD, BICKLEY, BROMLEY, BR1 2ER - £720,000

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.

120 SOUTHBOROUGH ROAD is a small detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £788,677. It was last sold for £720,000 in June 2021, which was around 25% below the average June 2021 detached price in the Bromley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

120 SOUTHBOROUGH ROAD Sold Prices

Land registry data shows two sales for 120 SOUTHBOROUGH ROAD 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 120 SOUTHBOROUGH ROAD 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
2021 11 JUN	£720,000	£963,287	25% below HPI
2019 4 JAN	£600,000	£915,935	34% below HPI

120 SOUTHBOROUGH ROAD 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 120 SOUTHBOROUGH ROAD sales from January 2019 and June 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 January 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 120 SOUTHBOROUGH ROAD be worth now?

120 SOUTHBOROUGH ROAD might now be worth an estimated £788,677.

This is based on house price inflation of 9.5%, between June 2021 and March 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 9.5% inflationary increase is applied to the most recent sale price for 120 SOUTHBOROUGH ROAD of £720,000 on 11th June 2021. For the value to have increased from £720,000 to £788,677 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 120 SOUTHBOROUGH ROAD has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2021 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 120 SOUTHBOROUGH ROAD has not materially changed since June 2021.

How Large is 120 SOUTHBOROUGH ROAD?

120 SOUTHBOROUGH ROAD is 110m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 120 SOUTHBOROUGH ROAD lies on this distribution: 27% of detached houses houses are smaller than 120 SOUTHBOROUGH ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

120 SOUTHBOROUGH ROAD: Plot and Title Map

120 SOUTHBOROUGH ROAD sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 120 SOUTHBOROUGH ROAD, 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 120 SOUTHBOROUGH ROAD). 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 120 SOUTHBOROUGH ROAD?

120 SOUTHBOROUGH ROAD is located in BICKLEY, in the BR1 postcode district. The below map shows the position of No. 120 on SOUTHBOROUGH ROAD.