2, GARDEN COTTAGES, MAIN ROAD, ORPINGTON, BR5 3HN - £270,000

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.

2 GARDEN COTTAGES is a very small extended terraced house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £338,291. It was last sold for £270,000 in July 2018, which was around 33% below the average July 2018 terraced price in the Bromley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 GARDEN COTTAGES Sold Prices

Land registry data shows four sales for 2 GARDEN COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. All of the four 2 GARDEN COTTAGES 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
2018 13 JUL	£270,000	£402,532	33% below HPI
2016 14 APR	£275,000	£385,188	29% below HPI
2010 17 DEC	£183,000	£246,238	26% below HPI
2003 19 AUG	£143,500	£185,282	23% below HPI

2 GARDEN COTTAGES 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 four 2 GARDEN COTTAGES sales between August 2003 and July 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 April 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 GARDEN COTTAGES be worth now?

2 GARDEN COTTAGES might now be worth an estimated £338,291.

This is based on house price inflation of 25.3%, between July 2018 and July 2025, 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 25.3% inflationary increase is applied to the most recent sale price for 2 GARDEN COTTAGES of £270,000 on 13th July 2018. For the value to have increased from £270,000 to £338,291 over the seven years to July 2025, the following assumptions must hold true:

• The value of 2 GARDEN COTTAGES has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The July 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GARDEN COTTAGES has not materially changed since July 2018.

How Large is 2 GARDEN COTTAGES?

2 GARDEN COTTAGES is 63m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of terraced houses houses in Orpington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Orpington, and where 2 GARDEN COTTAGES lies on this distribution: 2% of terraced houses houses are smaller than 2 GARDEN COTTAGES, and 98% of houses are larger. Note that EPC data is not available for all properties in Orpington.

2 GARDEN COTTAGES: Plot and Title Map

2 GARDEN COTTAGES sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 2 GARDEN COTTAGES, 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 2 GARDEN COTTAGES). 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 2 GARDEN COTTAGES?

2 GARDEN COTTAGES is located on MAIN ROAD in ORPINGTON, in the BR5 postcode district. The below map shows the position of 2 GARDEN COTTAGES on MAIN ROAD.