2, HOMESTEAD ROAD, ORPINGTON, BR6 6HW - £2,000,000

2 HOMESTEAD ROAD is a very large detached house of 540m². It was last sold for £2,000,000 in December 2015, which was around 146% above the average December 2015 detached price in the Bromley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

2 HOMESTEAD ROAD Sold Prices

Land registry data shows three sales for 2 HOMESTEAD 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 HOMESTEAD 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
2015 10 DEC	£2,000,000	£813,987	146% above HPI
2011 28 JAN	£850,000	£549,160	55% above HPI
2008 3 APR	£775,000	£549,350	41% above HPI

2 HOMESTEAD 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 HOMESTEAD ROAD sales between April 2008 and December 2015 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 2011 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2015 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

How Large is 2 HOMESTEAD ROAD?

2 HOMESTEAD ROAD is 540m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 HOMESTEAD ROAD lies on this distribution: 99% of detached houses are smaller than 2 HOMESTEAD ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

2 HOMESTEAD ROAD: Plot and Title Map

2 HOMESTEAD ROAD sits on a plot of roughly 0.574 of an acre, or 2,325m². The below map shows the location of 2 HOMESTEAD 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 HOMESTEAD 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 HOMESTEAD ROAD?

2 HOMESTEAD ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 2 on HOMESTEAD ROAD.