16, CHILTERN GARDENS, BROMLEY, BR2 0PT - £505,000

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.

16 CHILTERN GARDENS is a very small extended terraced house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £625,790. It was last sold for £505,000 in June 2018, which was around 26% above the average June 2018 terraced price in the Bromley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 CHILTERN GARDENS Sold Prices

Land registry data shows three sales for 16 CHILTERN GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Two of the three 16 CHILTERN GARDENS sales were for above the average price, whilst one 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
2018 15 JUN	£505,000	£399,389	26% above HPI
2006 10 MAY	£272,500	£216,847	26% above HPI
2004 8 SEP	£180,000	£208,285	14% below HPI

16 CHILTERN GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The three 16 CHILTERN GARDENS sales between September 2004 and June 2018 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2018 sale, which was also at 26% above the HPI.

What might 16 CHILTERN GARDENS be worth now?

16 CHILTERN GARDENS might now be worth an estimated £625,790.

This is based on house price inflation of 23.9%, between June 2018 and May 2026, for terraced 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 23.9% inflationary increase is applied to the most recent sale price for 16 CHILTERN GARDENS of £505,000 on 15th June 2018. For the value to have increased from £505,000 to £625,790 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 16 CHILTERN GARDENS has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The June 2018 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHILTERN GARDENS has not materially changed since June 2018.

How Large is 16 CHILTERN GARDENS?

16 CHILTERN GARDENS is 89m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Bromley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bromley, and where 16 CHILTERN GARDENS lies on this distribution: 5% of terraced houses houses are smaller than 16 CHILTERN GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Bromley.

16 CHILTERN GARDENS: Plot and Title Map

16 CHILTERN GARDENS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 16 CHILTERN GARDENS, 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 16 CHILTERN GARDENS). 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 16 CHILTERN GARDENS?

16 CHILTERN GARDENS is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 16 on CHILTERN GARDENS.