FAVEL HOUSE, HOLWOOD PARK AVENUE, ORPINGTON, BR6 8NG - £2,400,000

FAVEL HOUSE is a very large extended detached house of 666m², built sometime between 1930 and 1949. It was last sold for £2,400,000 in April 2011, which was around 337% above the average April 2011 detached price in the Bromley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

FAVEL HOUSE Sold Prices

Land registry data shows four sales for FAVEL HOUSE 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 FAVEL HOUSE 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 1 APR	£2,400,000	£548,793	337% above HPI
1999 28 MAY	£975,000	£243,730	300% above HPI
1997 10 OCT	£740,000	£208,945	254% above HPI
1996 7 NOV	£640,000	£176,130	263% above HPI

FAVEL HOUSE 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 FAVEL HOUSE sales between November 1996 and April 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 May 1999 sale was for 300% above the HPI. So the extrapolation line tracks at 300% above the HPI over time, until the April 2011 sale, where it rises to 337% above the HPI. The line then continues to track at 337% above the HPI.

How Large is FAVEL HOUSE?

FAVEL HOUSE is 666m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where FAVEL HOUSE lies on this distribution: 99% of detached houses are smaller than FAVEL HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

FAVEL HOUSE: Plot and Title Map

FAVEL HOUSE sits on a plot of roughly 0.537 of an acre, or 2,173m². The below map shows the location of FAVEL HOUSE, 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 FAVEL HOUSE). 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 FAVEL HOUSE?

FAVEL HOUSE is located on HOLWOOD PARK AVENUE in ORPINGTON, in the BR6 postcode district. The below map shows the position of FAVEL HOUSE on HOLWOOD PARK AVENUE.