7, GILROY WAY, ORPINGTON, BR5 4JD - £400,000

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.

7 GILROY WAY is a very small terraced house of 51m², built sometime between 1900 and 1929, which could now be worth an estimated £503,637. It was last sold for £400,000 in April 2017, which was around 2% above the average April 2017 terraced price in the Bromley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

7 GILROY WAY Sold Prices

Land registry data shows three sales for 7 GILROY WAY 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. The three 7 GILROY WAY sales were a mix of above the average price, roughly equal to the average price, and 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 21 APR	£400,000	£393,075	2% above HPI
2007 4 JUL	£247,000	£248,001	Close to HPI
2006 12 OCT	£175,000	£228,433	23% below HPI

7 GILROY WAY 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 7 GILROY WAY sales between October 2006 and April 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 July 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 GILROY WAY be worth now?

7 GILROY WAY might now be worth an estimated £503,637.

This is based on house price inflation of 25.9%, between April 2017 and May 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 25.9% inflationary increase is applied to the most recent sale price for 7 GILROY WAY of £400,000 on 21st April 2017. For the value to have increased from £400,000 to £503,637 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 GILROY WAY has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The April 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GILROY WAY has not materially changed since April 2017.

How Large is 7 GILROY WAY?

7 GILROY WAY is 51m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Orpington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Orpington, and where 7 GILROY WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 GILROY WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Orpington.

7 GILROY WAY: Plot and Title Map

7 GILROY WAY sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 7 GILROY 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 7 GILROY 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 7 GILROY WAY?

7 GILROY WAY is located in ORPINGTON, in the BR5 postcode district. The below map shows the position of No. 7 on GILROY WAY.