40, BOURNE ROAD, BROMLEY, BR2 9NS - £530,000

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.

40 BOURNE ROAD is a small extended terraced house of 115m², built sometime before 1900, which could now be worth an estimated £660,928. It was last sold for £530,000 in March 2017, which was around 35% above the average March 2017 terraced price in the Bromley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

40 BOURNE ROAD Sold Prices

Land registry data shows three sales for 40 BOURNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Two of the three 40 BOURNE ROAD sales were for above the average price, whilst one was 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
2017 30 MAR	£530,000	£393,919	35% above HPI
2011 25 NOV	£272,500	£248,813	10% above HPI
2001 15 JAN	£119,000	£131,052	9% below HPI

40 BOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The three 40 BOURNE ROAD sales between January 2001 and March 2017 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 November 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 40 BOURNE ROAD be worth now?

40 BOURNE ROAD might now be worth an estimated £660,928.

This is based on house price inflation of 24.7%, between March 2017 and April 2026, for terraced 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 24.7% inflationary increase is applied to the most recent sale price for 40 BOURNE ROAD of £530,000 on 30th March 2017. For the value to have increased from £530,000 to £660,928 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 40 BOURNE ROAD has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The March 2017 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BOURNE ROAD has not materially changed since March 2017.

How Large is 40 BOURNE ROAD?

40 BOURNE ROAD is 115m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 40 BOURNE ROAD lies on this distribution: 30% of terraced houses houses are smaller than 40 BOURNE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in London.

40 BOURNE ROAD: Plot and Title Map

40 BOURNE ROAD sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 40 BOURNE ROAD, 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 40 BOURNE ROAD). 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 40 BOURNE ROAD?

40 BOURNE ROAD is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 40 on BOURNE ROAD.