48, LANCING ROAD, ORPINGTON, BR6 0QT - £615,000

48 LANCING ROAD is a very small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £615,000 in October 2017, which was around 29% below the average October 2017 detached price in the Bromley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

48 LANCING ROAD Sold Prices

Land registry data shows two sales for 48 LANCING ROAD 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 48 LANCING ROAD 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
2017 13 OCT	£615,000	£871,927	29% below HPI
1997 19 DEC	£160,000	£210,072	24% below HPI

48 LANCING ROAD 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 48 LANCING ROAD sales from December 1997 and October 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 December 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 48 LANCING ROAD?

48 LANCING ROAD is 93m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 48 LANCING ROAD lies on this distribution: 18% of detached houses are smaller than 48 LANCING ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Orpington.

48 LANCING ROAD: Plot and Title Map

48 LANCING ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 48 LANCING 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 48 LANCING 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 48 LANCING ROAD?

48 LANCING ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 48 on LANCING ROAD.