2, VALAN LEAS, BROMLEY, BR2 0PE - £489,950

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 VALAN LEAS is a very small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £1,017,677. It was last sold for £489,950 in February 2007, which was around 6% below the average February 2007 detached price in the Bromley local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

2 VALAN LEAS Sold Prices

Land registry data shows three sales for 2 VALAN LEAS 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 VALAN LEAS 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
2007 20 FEB	£489,950	£519,690	6% below HPI
2001 7 FEB	£325,000	£334,959	3% below HPI
1996 20 SEP	£175,000	£181,511	4% below HPI

2 VALAN LEAS 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 VALAN LEAS sales between September 1996 and February 2007 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 February 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2007 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 VALAN LEAS be worth now?

2 VALAN LEAS might now be worth an estimated £1,017,677.

This is based on house price inflation of 107.7%, between February 2007 and April 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 107.7% inflationary increase is applied to the most recent sale price for 2 VALAN LEAS of £489,950 on 20th February 2007. For the value to have increased from £489,950 to £1,017,677 over the eighteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 VALAN LEAS has moved in line with the HPI for detached houses in the Bromley local authority area.
• The February 2007 sale price of £489,950 represented a fair market value for the property.
• The size, condition, and specification of 2 VALAN LEAS has not materially changed since February 2007.

How Large is 2 VALAN LEAS?

2 VALAN LEAS is 105m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 2 VALAN LEAS lies on this distribution: 10% of detached houses houses are smaller than 2 VALAN LEAS, and 89% of houses are larger. Note that EPC data is not available for all properties in Bromley.

2 VALAN LEAS: Plot and Title Map

2 VALAN LEAS sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 VALAN LEAS, 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 VALAN LEAS). 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 VALAN LEAS?

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