23, OAKHAM DRIVE, BROMLEY, BR2 0XE - £655,000

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.

23 OAKHAM DRIVE is a very small detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £735,089. It was last sold for £655,000 in December 2020, which was around 31% below the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

23 OAKHAM DRIVE Sold Prices

Land registry data shows two sales for 23 OAKHAM DRIVE 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 23 OAKHAM DRIVE 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
2020 18 DEC	£655,000	£950,882	31% below HPI
2016 5 JAN	£530,000	£852,234	38% below HPI

23 OAKHAM DRIVE 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 23 OAKHAM DRIVE sales from January 2016 and December 2020 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 January 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23 OAKHAM DRIVE be worth now?

23 OAKHAM DRIVE might now be worth an estimated £735,089.

This is based on house price inflation of 12.2%, between December 2020 and July 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 12.2% inflationary increase is applied to the most recent sale price for 23 OAKHAM DRIVE of £655,000 on 18th December 2020. For the value to have increased from £655,000 to £735,089 over the six years and five months to July 2026, the following assumptions must hold true:

• The value of 23 OAKHAM DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The December 2020 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OAKHAM DRIVE has not materially changed since December 2020.

How Large is 23 OAKHAM DRIVE?

23 OAKHAM DRIVE is 110m² according to the EPC inspection conducted in February 2015. 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 23 OAKHAM DRIVE lies on this distribution: 13% of detached houses houses are smaller than 23 OAKHAM DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bromley.

23 OAKHAM DRIVE: Plot and Title Map

23 OAKHAM DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 23 OAKHAM DRIVE, 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 23 OAKHAM DRIVE). 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 23 OAKHAM DRIVE?

23 OAKHAM DRIVE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 23 on OAKHAM DRIVE.