15, HOMEMEAD ROAD, BROMLEY, BR2 8BB - £742,500

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.

15 HOMEMEAD ROAD is a midsized extended semi-detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £924,589. It was last sold for £742,500 in October 2020, which was around 35% above the average October 2020 semi-detached price in the Bromley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

15 HOMEMEAD ROAD Sold Prices

Land registry data shows three sales for 15 HOMEMEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. All of the three 15 HOMEMEAD ROAD 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
2020 20 OCT	£742,500	£550,013	35% above HPI
2014 28 NOV	£620,000	£457,110	36% above HPI
2011 28 APR	£337,500	£326,705	3% above HPI

15 HOMEMEAD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The three 15 HOMEMEAD ROAD sales between April 2011 and October 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 November 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 15 HOMEMEAD ROAD be worth now?

15 HOMEMEAD ROAD might now be worth an estimated £924,589.

This is based on house price inflation of 24.5%, between October 2020 and June 2025, for semi-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 24.5% inflationary increase is applied to the most recent sale price for 15 HOMEMEAD ROAD of £742,500 on 20th October 2020. For the value to have increased from £742,500 to £924,589 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 15 HOMEMEAD ROAD has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The October 2020 sale price of £742,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HOMEMEAD ROAD has not materially changed since October 2020.

How Large is 15 HOMEMEAD ROAD?

15 HOMEMEAD ROAD is 152m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 15 HOMEMEAD ROAD lies on this distribution: 54% of semi-detached houses houses are smaller than 15 HOMEMEAD ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in London.

15 HOMEMEAD ROAD: Plot and Title Map

15 HOMEMEAD ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 15 HOMEMEAD 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 15 HOMEMEAD 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 15 HOMEMEAD ROAD?

15 HOMEMEAD ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 15 on HOMEMEAD ROAD.