7, SHORTLANDS GARDENS, BROMLEY, BR2 0EA - £327,500

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 SHORTLANDS GARDENS is a very small terraced house of 96m², built sometime between 1900 and 1929, which could now be worth an estimated £658,740. It was last sold for £327,500 in January 2011, which was around 33% above the average January 2011 terraced price in the Bromley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

7 SHORTLANDS GARDENS Sold Prices

Land registry data shows two sales for 7 SHORTLANDS GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Both of the two 7 SHORTLANDS GARDENS sales 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
2011 12 JAN	£327,500	£246,054	33% above HPI
2006 12 JUN	£235,000	£219,133	7% above HPI

7 SHORTLANDS GARDENS 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 two 7 SHORTLANDS GARDENS sales from June 2006 and January 2011 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 June 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2011 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 SHORTLANDS GARDENS be worth now?

7 SHORTLANDS GARDENS might now be worth an estimated £658,740.

This is based on house price inflation of 101.1%, between January 2011 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 101.1% inflationary increase is applied to the most recent sale price for 7 SHORTLANDS GARDENS of £327,500 on 12th January 2011. For the value to have increased from £327,500 to £658,740 over the fourteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 7 SHORTLANDS GARDENS has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The January 2011 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SHORTLANDS GARDENS has not materially changed since January 2011.

How Large is 7 SHORTLANDS GARDENS?

7 SHORTLANDS GARDENS is 96m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of terraced houses houses in Bromley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bromley, and where 7 SHORTLANDS GARDENS lies on this distribution: 7% of terraced houses houses are smaller than 7 SHORTLANDS GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Bromley.

7 SHORTLANDS GARDENS: Plot and Title Map

7 SHORTLANDS GARDENS sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 7 SHORTLANDS GARDENS, 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 SHORTLANDS GARDENS). 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 SHORTLANDS GARDENS?

7 SHORTLANDS GARDENS is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 7 on SHORTLANDS GARDENS.