48, DOWNHAM WAY, BROMLEY, BR1 5NX - £250,000

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.

48 DOWNHAM WAY is a very small extended terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £391,244. It was last sold for £250,000 in August 2014, which was around 36% below the average August 2014 terraced price in the Lewisham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

48 DOWNHAM WAY Sold Prices

Land registry data shows four sales for 48 DOWNHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lewisham local authority area for the corresponding sale date. All of the four 48 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
2014 15 AUG	£250,000	£390,548	36% below HPI
2013 21 JAN	£170,000	£287,706	41% below HPI
2005 30 JUN	£169,000	£215,893	22% below HPI
2001 5 DEC	£115,000	£145,638	21% below HPI

48 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 four 48 DOWNHAM WAY sales between December 2001 and August 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 January 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 48 DOWNHAM WAY be worth now?

48 DOWNHAM WAY might now be worth an estimated £391,244.

This is based on house price inflation of 56.5%, between August 2014 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 56.5% inflationary increase is applied to the most recent sale price for 48 DOWNHAM WAY of £250,000 on 15th August 2014. For the value to have increased from £250,000 to £391,244 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 48 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The August 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 48 DOWNHAM WAY has not materially changed since August 2014.

How Large is 48 DOWNHAM WAY?

48 DOWNHAM WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% 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 48 DOWNHAM WAY lies on this distribution: 9% of terraced houses houses are smaller than 48 DOWNHAM WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

48 DOWNHAM WAY: Plot and Title Map

48 DOWNHAM WAY sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 48 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 48 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 48 DOWNHAM WAY?

48 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 48 on DOWNHAM WAY.