22, MONKS WAY, ORPINGTON, BR5 1HN - £700,000

22 MONKS WAY is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £700,000 in August 2021, which was around 28% below the average August 2021 detached price in the Bromley local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

22 MONKS WAY Sold Prices

Land registry data shows two sales for 22 MONKS 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 22 MONKS 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
2021 23 AUG	£700,000	£973,929	28% below HPI
2008 8 FEB	£378,000	£556,564	32% below HPI

22 MONKS 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 22 MONKS WAY sales from February 2008 and August 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 February 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 22 MONKS WAY?

22 MONKS WAY is 84m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 22 MONKS WAY lies on this distribution: 10% of detached houses are smaller than 22 MONKS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

22 MONKS WAY: Plot and Title Map

22 MONKS WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 22 MONKS 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 22 MONKS 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 22 MONKS WAY?

22 MONKS WAY is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 22 on MONKS WAY.