2, MUNNERY WAY, ORPINGTON, BR6 8QD - £615,000

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 MUNNERY WAY is a small detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £871,481. It was last sold for £615,000 in December 2014, which was around 20% below the average December 2014 detached price in the Bromley local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 MUNNERY WAY Sold Prices

Land registry data shows two sales for 2 MUNNERY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 2 MUNNERY WAY 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
2014 22 DEC	£615,000	£766,399	20% below HPI
1995 10 AUG	£146,000	£173,872	16% below HPI

2 MUNNERY WAY 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 two 2 MUNNERY WAY sales from August 1995 and December 2014 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 August 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 MUNNERY WAY be worth now?

2 MUNNERY WAY might now be worth an estimated £871,481.

This is based on house price inflation of 41.7%, between December 2014 and May 2026, for 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 41.7% inflationary increase is applied to the most recent sale price for 2 MUNNERY WAY of £615,000 on 22nd December 2014. For the value to have increased from £615,000 to £871,481 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 MUNNERY WAY has moved in line with the HPI for detached houses in the Bromley local authority area.
• The December 2014 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MUNNERY WAY has not materially changed since December 2014.

How Large is 2 MUNNERY WAY?

2 MUNNERY WAY is 119m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 MUNNERY WAY lies on this distribution: 32% of detached houses houses are smaller than 2 MUNNERY WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in London.

2 MUNNERY WAY: Plot and Title Map

2 MUNNERY WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 MUNNERY WAY, 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 MUNNERY WAY). 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 MUNNERY WAY?

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