2, GRAVEL ROAD, BROMLEY, BR2 8PF - £1,000,000

2 GRAVEL ROAD is a large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £1,000,000 in September 2023, which was around 5% below the average September 2023 detached price in the Bromley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

2 GRAVEL ROAD Sold Prices

Land registry data shows three sales for 2 GRAVEL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 2 GRAVEL 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
2023 8 SEP	£1,000,000	£1,047,517	5% below HPI
2016 29 JUN	£787,500	£844,631	7% below HPI
2013 2 MAY	£400,000	£575,281	30% below HPI

2 GRAVEL 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 three 2 GRAVEL ROAD sales between May 2013 and September 2023 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 June 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 GRAVEL ROAD?

2 GRAVEL ROAD is 195m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 GRAVEL ROAD lies on this distribution: 74% of detached houses are smaller than 2 GRAVEL ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

2 GRAVEL ROAD: Plot and Title Map

2 GRAVEL ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 2 GRAVEL 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 2 GRAVEL 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 2 GRAVEL ROAD?

2 GRAVEL ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 2 on GRAVEL ROAD.