10, MERE CLOSE, ORPINGTON, BR6 8ES - £475,000

10 MERE CLOSE is a small extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2007, which was around 15% below the average December 2007 detached price in the Bromley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

10 MERE CLOSE Sold Prices

Land registry data shows two sales for 10 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 10 MERE 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
2007 14 DEC	£475,000	£561,388	15% below HPI
2005 14 JAN	£300,000	£460,736	35% below HPI

10 MERE 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 two 10 MERE CLOSE sales from January 2005 and December 2007 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 January 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 10 MERE CLOSE?

10 MERE CLOSE is 126m², which includes three extensions, according to the EPC inspection conducted in March 2015. 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 10 MERE CLOSE lies on this distribution: 39% of detached houses are smaller than 10 MERE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

10 MERE CLOSE: Plot and Title Map

10 MERE CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 10 MERE 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 10 MERE 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 10 MERE CLOSE?

10 MERE CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 10 on MERE CLOSE.