29, DOWNHAM WAY, BROMLEY, BR1 5NY - £226,000

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.

29 DOWNHAM WAY is a midsized extended terraced house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £505,778. It was last sold for £226,000 in April 2012, which was around 17% below the average April 2012 terraced price in the Lewisham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

29 DOWNHAM WAY Sold Prices

Land registry data shows two sales for 29 DOWNHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewisham local authority area for the corresponding sale date. Both of the two 29 DOWNHAM 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
2012 30 APR	£226,000	£273,106	17% below HPI
2010 10 DEC	£208,000	£260,752	20% below HPI

29 DOWNHAM WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewisham local authority area over time, sourced from the HPI. The two 29 DOWNHAM WAY sales from December 2010 and April 2012 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 December 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 29 DOWNHAM WAY be worth now?

29 DOWNHAM WAY might now be worth an estimated £505,778.

This is based on house price inflation of 123.8%, between April 2012 and May 2026, for terraced houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 123.8% inflationary increase is applied to the most recent sale price for 29 DOWNHAM WAY of £226,000 on 30th April 2012. For the value to have increased from £226,000 to £505,778 over the thirteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 29 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The April 2012 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 29 DOWNHAM WAY has not materially changed since April 2012.

How Large is 29 DOWNHAM WAY?

29 DOWNHAM WAY is 137m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 29 DOWNHAM WAY lies on this distribution: 44% of terraced houses houses are smaller than 29 DOWNHAM WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in London.

29 DOWNHAM WAY: Plot and Title Map

29 DOWNHAM WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 29 DOWNHAM 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 29 DOWNHAM 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 29 DOWNHAM WAY?

29 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 29 on DOWNHAM WAY.