1, GREEN CLOSE, BROMLEY, BR2 0HJ - £645,000

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.

1 GREEN CLOSE is a very small detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £779,847. It was last sold for £645,000 in April 2019, which was around 28% below the average April 2019 detached price in the Bromley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

1 GREEN CLOSE Sold Prices

Land registry data shows four sales for 1 GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 1 GREEN CLOSE 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
2019 10 APR	£645,000	£892,797	28% below HPI
2001 4 APR	£317,500	£340,530	7% below HPI
1999 17 JUN	£185,000	£258,424	28% below HPI
1997 14 FEB	£150,000	£188,396	20% below HPI

1 GREEN CLOSE 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 four 1 GREEN CLOSE sales between February 1997 and April 2019 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 April 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 GREEN CLOSE be worth now?

1 GREEN CLOSE might now be worth an estimated £779,847.

This is based on house price inflation of 20.9%, between April 2019 and April 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 20.9% inflationary increase is applied to the most recent sale price for 1 GREEN CLOSE of £645,000 on 10th April 2019. For the value to have increased from £645,000 to £779,847 over the seven years to April 2026, the following assumptions must hold true:

• The value of 1 GREEN CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The April 2019 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREEN CLOSE has not materially changed since April 2019.

How Large is 1 GREEN CLOSE?

1 GREEN CLOSE is 92m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 1 GREEN CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 GREEN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bromley.

1 GREEN CLOSE: Plot and Title Map

1 GREEN CLOSE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 1 GREEN CLOSE, 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 1 GREEN CLOSE). 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 1 GREEN CLOSE?

1 GREEN CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 1 on GREEN CLOSE.