PINE REACH, HOLWOOD PARK AVENUE, ORPINGTON, BR6 8NG - £3,125,000

PINE REACH is a very large extended detached house of 554m², built sometime from 2007 onwards. It was last sold for £3,125,000 in November 2010, which was around 470% above the average November 2010 detached price in the Bromley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

PINE REACH Sold Prices

Land registry data shows two sales for PINE REACH 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 PINE REACH 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
2010 19 NOV	£3,125,000	£547,838	470% above HPI
2004 24 JUN	£1,200,000	£438,899	173% above HPI

PINE REACH 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 PINE REACH sales from June 2004 and November 2010 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 June 2004 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the November 2010 sale, where it rises to 470% above the HPI. The line then continues to track at 470% above the HPI.

How Large is PINE REACH?

PINE REACH is 554m², which includes two extensions, according to the EPC inspection conducted in September 2009. 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 PINE REACH lies on this distribution: 99% of detached houses are smaller than PINE REACH, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

PINE REACH: Plot and Title Map

PINE REACH sits on a plot of roughly 0.556 of an acre, or 2,250m². The below map shows the location of PINE REACH, 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 PINE REACH). 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 PINE REACH?

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