PINE RIDGE, THE DRIVE, CHISLEHURST, BR7 6QS - £800,000

PINE RIDGE is a small detached house of 109m², built sometime between 1950 and 1966. It was last sold for £800,000 in May 2021, which was around 14% below the average May 2021 detached price in the Bromley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

PINE RIDGE Sold Prices

Land registry data shows two sales for PINE RIDGE 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 RIDGE 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
2021 11 MAY	£800,000	£933,081	14% below HPI
1997 9 JUL	£177,000	£196,099	10% below HPI

PINE RIDGE 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 RIDGE sales from July 1997 and May 2021 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 July 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PINE RIDGE?

PINE RIDGE is 109m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where PINE RIDGE lies on this distribution: 31% of detached houses are smaller than PINE RIDGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Orpington.

PINE RIDGE: Plot and Title Map

PINE RIDGE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of PINE RIDGE, 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 RIDGE). 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 RIDGE?

PINE RIDGE is located on THE DRIVE in CHISLEHURST, in the BR7 postcode district. The below map shows the position of PINE RIDGE on THE DRIVE.