3, OAKWAY, BROMLEY, BR2 0LJ - £995,000

3 OAKWAY is a midsized extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £995,000 in November 2019, which was around 14% above the average November 2019 detached price in the Bromley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

3 OAKWAY Sold Prices

Land registry data shows two sales for 3 OAKWAY 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 3 OAKWAY sales were for above 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
2019 29 NOV	£995,000	£869,890	14% above HPI
1996 29 MAR	£195,000	£166,240	17% above HPI

3 OAKWAY 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 3 OAKWAY sales from March 1996 and November 2019 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 March 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 OAKWAY?

3 OAKWAY is 164m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Beckenham, based on EPC data. The below chart shows the distribution of detached houses by size in Beckenham, and where 3 OAKWAY lies on this distribution: 44% of detached houses are smaller than 3 OAKWAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

3 OAKWAY: Plot and Title Map

3 OAKWAY sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 3 OAKWAY, 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 3 OAKWAY). 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 3 OAKWAY?

3 OAKWAY is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 3 on OAKWAY.