LOWER WICK, CHELSFIELD LANE, ORPINGTON, BR6 7RR - £605,000

LOWER WICK is a midsized extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £605,000 in July 2015, which was around 20% below the average July 2015 detached price in the Bromley local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

LOWER WICK Sold Prices

Land registry data shows two sales for LOWER WICK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two LOWER WICK 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
2015 17 JUL	£605,000	£755,136	20% below HPI
2003 28 NOV	£425,000	£435,571	2% below HPI

LOWER WICK 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 two LOWER WICK sales from November 2003 and July 2015 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 November 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is LOWER WICK?

LOWER WICK is 160m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where LOWER WICK lies on this distribution: 59% of detached houses are smaller than LOWER WICK, and 40% of houses are larger. Note that EPC data is not available for all properties in London.

LOWER WICK: Plot and Title Map

LOWER WICK sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of LOWER WICK, 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 LOWER WICK). 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 LOWER WICK?

LOWER WICK is located on CHELSFIELD LANE in ORPINGTON, in the BR6 postcode district. The below map shows the position of LOWER WICK on CHELSFIELD LANE.