40A, LETCHWORTH DRIVE, BROMLEY, BR2 9BE - £300,000

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.

40A LETCHWORTH DRIVE is a small detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £613,606. It was last sold for £300,000 in April 2007, which was around 43% below the average April 2007 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 B.

40A LETCHWORTH DRIVE Sold Prices

Land registry data shows one sale for 40A LETCHWORTH DRIVE 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
2007 19 APR	£300,000	£530,969	43% below HPI

What might 40A LETCHWORTH DRIVE be worth now?

40A LETCHWORTH DRIVE might now be worth an estimated £613,606.

This is based on house price inflation of 104.5%, between April 2007 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 104.5% inflationary increase is applied to the most recent sale price for 40A LETCHWORTH DRIVE of £300,000 on 19th April 2007. For the value to have increased from £300,000 to £613,606 over the eighteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 40A LETCHWORTH DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The April 2007 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 40A LETCHWORTH DRIVE has not materially changed since April 2007.

How Large is 40A LETCHWORTH DRIVE?

40A LETCHWORTH DRIVE is 126m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40A LETCHWORTH DRIVE lies on this distribution: 37% of detached houses are smaller than 40A LETCHWORTH DRIVE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in London.

40A LETCHWORTH DRIVE: Plot

40A LETCHWORTH DRIVE sits on a plot of roughly 0.121 of an acre, or 489m².

Where is 40A LETCHWORTH DRIVE?

40A LETCHWORTH DRIVE is located in BROMLEY, in the BR2 postcode district.