1, MERESIDE, ORPINGTON, BR6 8ET - £1,000,000

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 MERESIDE is a midsized detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £1,172,070. It was last sold for £1,000,000 in July 2017, which was around 11% above the average July 2017 detached price in the Bromley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 MERESIDE Sold Prices

Land registry data shows three sales for 1 MERESIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the three 1 MERESIDE sales was for above the average price, whilst two 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
2017 11 JUL	£1,000,000	£902,062	11% above HPI
2013 2 OCT	£585,000	£636,011	8% below HPI
2002 24 JUL	£365,000	£395,747	8% below HPI

1 MERESIDE 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 three 1 MERESIDE sales between July 2002 and July 2017 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 October 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 MERESIDE be worth now?

1 MERESIDE might now be worth an estimated £1,172,070.

This is based on house price inflation of 17.2%, between July 2017 and February 2025, 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 17.2% inflationary increase is applied to the most recent sale price for 1 MERESIDE of £1,000,000 on 11th July 2017. For the value to have increased from £1,000,000 to £1,172,070 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1 MERESIDE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The July 2017 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERESIDE has not materially changed since July 2017.

How Large is 1 MERESIDE?

1 MERESIDE is 153m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 1 MERESIDE lies on this distribution: 55% of detached houses houses are smaller than 1 MERESIDE, and 45% of houses are larger. Note that EPC data is not available for all properties in London.

1 MERESIDE: Plot and Title Map

1 MERESIDE sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of 1 MERESIDE, 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 MERESIDE). 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 MERESIDE?

1 MERESIDE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 1 on MERESIDE.