9, RED CEDARS ROAD, ORPINGTON, BR6 0BX - £495,000

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.

9 RED CEDARS ROAD is a very small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £544,141. It was last sold for £495,000 in February 2022, which was around 10% above the average February 2022 terraced price in the Bromley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

9 RED CEDARS ROAD Sold Prices

Land registry data shows three sales for 9 RED CEDARS ROAD 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. One of the three 9 RED CEDARS ROAD sales was for above the average price, whilst two 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
2022 18 FEB	£495,000	£450,222	10% above HPI
2019 4 APR	£390,000	£394,461	1% below HPI
2016 24 MAR	£362,335	£380,724	5% below HPI

9 RED CEDARS ROAD 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 9 RED CEDARS ROAD sales between March 2016 and February 2022 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 April 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 9 RED CEDARS ROAD be worth now?

9 RED CEDARS ROAD might now be worth an estimated £544,141.

This is based on house price inflation of 9.9%, between February 2022 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 9.9% inflationary increase is applied to the most recent sale price for 9 RED CEDARS ROAD of £495,000 on 18th February 2022. For the value to have increased from £495,000 to £544,141 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 9 RED CEDARS ROAD has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The February 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RED CEDARS ROAD has not materially changed since February 2022.

How Large is 9 RED CEDARS ROAD?

9 RED CEDARS ROAD is 79m² according to the EPC inspection conducted in December 2015. 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 9 RED CEDARS ROAD lies on this distribution: 7% of terraced houses houses are smaller than 9 RED CEDARS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Orpington.

9 RED CEDARS ROAD: Plot and Title Map

9 RED CEDARS ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 9 RED CEDARS 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 9 RED CEDARS 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 9 RED CEDARS ROAD?

9 RED CEDARS ROAD is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 9 on RED CEDARS ROAD.