28, BLACKSMITHS LANE, ORPINGTON, BR5 4EN - £225,000

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.

28 BLACKSMITHS LANE is a small semi-detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £388,266. It was last sold for £225,000 in February 2014, which was around 42% below the average February 2014 semi-detached price in the Bromley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

28 BLACKSMITHS LANE Sold Prices

Land registry data shows two sales for 28 BLACKSMITHS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. Both of the two 28 BLACKSMITHS 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
2014 10 FEB	£225,000	£387,621	42% below HPI
2004 7 MAY	£203,000	£274,796	26% below HPI

28 BLACKSMITHS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The two 28 BLACKSMITHS LANE sales from May 2004 and February 2014 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 May 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 28 BLACKSMITHS LANE be worth now?

28 BLACKSMITHS LANE might now be worth an estimated £388,266.

This is based on house price inflation of 72.6%, between February 2014 and May 2026, for semi-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 72.6% inflationary increase is applied to the most recent sale price for 28 BLACKSMITHS LANE of £225,000 on 10th February 2014. For the value to have increased from £225,000 to £388,266 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 28 BLACKSMITHS LANE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The February 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BLACKSMITHS LANE has not materially changed since February 2014.

How Large is 28 BLACKSMITHS LANE?

28 BLACKSMITHS LANE is 108m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of semi-detached houses houses in Orpington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Orpington, and where 28 BLACKSMITHS LANE lies on this distribution: 29% of semi-detached houses houses are smaller than 28 BLACKSMITHS LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Orpington.

28 BLACKSMITHS LANE: Plot and Title Map

28 BLACKSMITHS LANE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 28 BLACKSMITHS 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 28 BLACKSMITHS 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 28 BLACKSMITHS LANE?

28 BLACKSMITHS LANE is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 28 on BLACKSMITHS LANE.