2, TIEPIGS LANE, BROMLEY, BR2 7HJ - £550,000

2 TIEPIGS LANE is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £550,000 in June 2018, which was around 36% below the average June 2018 detached price in the Bromley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

2 TIEPIGS LANE Sold Prices

Land registry data shows two sales for 2 TIEPIGS LANE 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 TIEPIGS LANE 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
2018 22 JUN	£550,000	£860,977	36% below HPI
2005 31 OCT	£309,000	£448,958	31% below HPI

2 TIEPIGS LANE 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 TIEPIGS LANE sales from October 2005 and June 2018 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 October 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 TIEPIGS LANE?

2 TIEPIGS LANE is 85m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 TIEPIGS LANE lies on this distribution: 10% of detached houses are smaller than 2 TIEPIGS LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

2 TIEPIGS LANE: Plot and Title Map

2 TIEPIGS LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 2 TIEPIGS LANE, 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 TIEPIGS LANE). 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 TIEPIGS LANE?

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