2, PALACE GROVE, LONDON, SE19 2XD - £1,650,000

2 PALACE GROVE is a large detached house of 202m², built sometime before 1900. It was last sold for £1,650,000 in December 2021, which was around 66% above the average December 2021 detached price in the Bromley local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 PALACE GROVE Sold Prices

Land registry data shows three sales for 2 PALACE GROVE 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 PALACE GROVE 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
2021 14 DEC	£1,650,000	£996,608	66% above HPI
2012 19 SEP	£850,000	£565,208	50% above HPI
2007 23 APR	£800,000	£509,623	57% above HPI

2 PALACE GROVE 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 PALACE GROVE sales between April 2007 and December 2021 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 September 2012 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 2 PALACE GROVE?

2 PALACE GROVE is 202m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Penge, based on EPC data. The below chart shows the distribution of detached houses by size in Penge, and where 2 PALACE GROVE lies on this distribution: 76% of detached houses are smaller than 2 PALACE GROVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Penge.

2 PALACE GROVE: Plot and Title Map

2 PALACE GROVE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 2 PALACE GROVE, 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 PALACE GROVE). 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 PALACE GROVE?

2 PALACE GROVE is located in LONDON, in the SE19 postcode district. The below map shows the position of No. 2 on PALACE GROVE.