2, SPINNEY OAK, BROMLEY, BR1 2NS - £950,000

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.

2 SPINNEY OAK is a large extended detached house of 189m², built sometime between 1967 and 1975, which could now be worth an estimated £1,156,242. It was last sold for £950,000 in April 2017, which was around 6% above the average April 2017 detached price in the Bromley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

2 SPINNEY OAK Sold Prices

Land registry data shows one sale for 2 SPINNEY OAK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 APR	£950,000	£892,304	6% above HPI

What might 2 SPINNEY OAK be worth now?

2 SPINNEY OAK might now be worth an estimated £1,156,242.

This is based on house price inflation of 21.7%, between April 2017 and May 2026, for detached 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 21.7% inflationary increase is applied to the most recent sale price for 2 SPINNEY OAK of £950,000 on 24th April 2017. For the value to have increased from £950,000 to £1,156,242 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 SPINNEY OAK has moved in line with the HPI for detached houses in the Bromley local authority area.
• The April 2017 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPINNEY OAK has not materially changed since April 2017.

How Large is 2 SPINNEY OAK?

2 SPINNEY OAK is 189m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 SPINNEY OAK lies on this distribution: 70% of detached houses are smaller than 2 SPINNEY OAK, and 30% of detached houses are larger. Note that EPC data is not available for all properties in London.

2 SPINNEY OAK: Plot

2 SPINNEY OAK sits on a plot of roughly 0.216 of an acre, or 873m².

Where is 2 SPINNEY OAK?

2 SPINNEY OAK is located in BROMLEY, in the BR1 postcode district.