56, WOOD RIDE, PETTS WOOD, ORPINGTON, BR5 1PY - £855,000

56 WOOD RIDE is a midsized detached house of 134m², built sometime between 1930 and 1949. It was last sold for £855,000 in September 2019, which was around 2% below the average September 2019 detached price in the Bromley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was D.

56 WOOD RIDE Sold Prices

Land registry data shows three sales for 56 WOOD RIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the three 56 WOOD RIDE sales was for below the average price, whilst two 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 30 SEP	£855,000	£875,982	2% below HPI
1998 12 OCT	£265,000	£235,865	12% above HPI
1996 13 DEC	£238,000	£175,932	35% above HPI

56 WOOD RIDE 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 three 56 WOOD RIDE sales between December 1996 and September 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 October 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 56 WOOD RIDE?

56 WOOD RIDE is 134m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 56 WOOD RIDE lies on this distribution: 44% of detached houses are smaller than 56 WOOD RIDE, and 56% of houses are larger. Note that EPC data is not available for all properties in London.

56 WOOD RIDE: Plot and Title Map

56 WOOD RIDE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 56 WOOD RIDE, 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 56 WOOD RIDE). 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 56 WOOD RIDE?

56 WOOD RIDE is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 56 on WOOD RIDE.