73, GRASMERE GARDENS, ORPINGTON, BR6 8HF - £430,000

73 GRASMERE GARDENS is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £430,000 in May 2019, which was around 49% below the average May 2019 detached price in the Bromley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

73 GRASMERE GARDENS Sold Prices

Land registry data shows four sales for 73 GRASMERE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 73 GRASMERE GARDENS 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
2019 24 MAY	£430,000	£846,967	49% below HPI
2004 20 AUG	£250,000	£450,362	44% below HPI
1998 27 AUG	£101,250	£231,854	56% below HPI
1995 5 APR	£88,000	£163,685	46% below HPI

73 GRASMERE GARDENS 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 four 73 GRASMERE GARDENS sales between April 1995 and May 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 August 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 73 GRASMERE GARDENS?

73 GRASMERE GARDENS is 94m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 73 GRASMERE GARDENS lies on this distribution: 16% of detached houses are smaller than 73 GRASMERE GARDENS, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

73 GRASMERE GARDENS: Plot and Title Map

73 GRASMERE GARDENS sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 73 GRASMERE 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 73 GRASMERE 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 73 GRASMERE GARDENS?

73 GRASMERE GARDENS is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 73 on GRASMERE GARDENS.