8, STANDARD ROAD, DOWNE, ORPINGTON, BR6 7HL - £470,000

8 STANDARD ROAD is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £470,000 in December 2020, which was around 49% below the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 STANDARD ROAD Sold Prices

Land registry data shows three sales for 8 STANDARD ROAD 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. All of the three 8 STANDARD 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
2020 1 DEC	£470,000	£912,656	49% below HPI
2016 9 DEC	£480,000	£847,620	43% below HPI
1997 5 DEC	£167,500	£210,072	20% below HPI

8 STANDARD 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 three 8 STANDARD ROAD sales between December 1997 and December 2020 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 8 STANDARD ROAD?

8 STANDARD ROAD is 87m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Downe, based on EPC data. The below chart shows the distribution of detached houses by size in Downe, and where 8 STANDARD ROAD lies on this distribution: 16% of detached houses are smaller than 8 STANDARD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Downe.

8 STANDARD ROAD: Plot and Title Map

8 STANDARD ROAD sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 8 STANDARD 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 8 STANDARD 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 8 STANDARD ROAD?

8 STANDARD ROAD is located in DOWNE, in the BR6 postcode district. The below map shows the position of No. 8 on STANDARD ROAD.