2, THE MEADWAY, ORPINGTON, BR6 6HH - £1,150,000

2 THE MEADWAY is a very large extended detached house of 281m², built sometime between 1930 and 1949. It was last sold for £1,150,000 in May 2016, which was around 38% above the average May 2016 detached price in the Bromley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was C.

2 THE MEADWAY Sold Prices

Land registry data shows three sales for 2 THE MEADWAY 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. Two of the three 2 THE MEADWAY sales were for above the average price, whilst one was 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
2016 20 MAY	£1,150,000	£834,740	38% above HPI
2013 4 DEC	£655,000	£620,215	6% above HPI
2009 23 APR	£455,000	£465,532	2% below HPI

2 THE MEADWAY 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 THE MEADWAY sales between April 2009 and May 2016 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 December 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 THE MEADWAY?

2 THE MEADWAY is 281m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 THE MEADWAY lies on this distribution: 90% of detached houses are smaller than 2 THE MEADWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in London.

2 THE MEADWAY: Plot and Title Map

2 THE MEADWAY sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 2 THE MEADWAY, 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 THE MEADWAY). 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 THE MEADWAY?

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