1, RAVENS CLOSE, BROMLEY, BR2 0EL - £545,000

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 RAVENS CLOSE is a very small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £695,021. It was last sold for £545,000 in May 2016, which was around 5% above the average May 2016 semi-detached price in the Bromley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

1 RAVENS CLOSE Sold Prices

Land registry data shows four sales for 1 RAVENS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. Most of the four 1 RAVENS CLOSE sales were for above 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
2016 20 MAY	£545,000	£518,581	5% above HPI
2009 29 MAY	£290,000	£287,475	1% above HPI
2001 5 OCT	£216,950	£204,011	6% above HPI
1999 8 OCT	£148,500	£154,952	4% below HPI

1 RAVENS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The four 1 RAVENS CLOSE sales between October 1999 and May 2016 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 May 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 RAVENS CLOSE be worth now?

1 RAVENS CLOSE might now be worth an estimated £695,021.

This is based on house price inflation of 27.5%, between May 2016 and April 2026, for semi-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 27.5% inflationary increase is applied to the most recent sale price for 1 RAVENS CLOSE of £545,000 on 20th May 2016. For the value to have increased from £545,000 to £695,021 over the ten years and one month to April 2026, the following assumptions must hold true:

• The value of 1 RAVENS CLOSE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The May 2016 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RAVENS CLOSE has not materially changed since May 2016.

How Large is 1 RAVENS CLOSE?

1 RAVENS CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromley, and where 1 RAVENS CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 1 RAVENS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bromley.

1 RAVENS CLOSE: Plot and Title Map

1 RAVENS CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 RAVENS 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 RAVENS 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 RAVENS CLOSE?

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