11, THORPE CLOSE, ORPINGTON, BR6 9RG - £740,000

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.

11 THORPE CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £875,825. It was last sold for £740,000 in October 2020, which was around 20% below the average October 2020 detached price in the Bromley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

11 THORPE CLOSE Sold Prices

Land registry data shows two sales for 11 THORPE 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 11 THORPE 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
2020 16 OCT	£740,000	£919,346	20% below HPI
2016 25 NOV	£510,000	£878,512	42% below HPI

11 THORPE 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 11 THORPE CLOSE sales from November 2016 and October 2020 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 November 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11 THORPE CLOSE be worth now?

11 THORPE CLOSE might now be worth an estimated £875,825.

This is based on house price inflation of 18.4%, between October 2020 and October 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 18.4% inflationary increase is applied to the most recent sale price for 11 THORPE CLOSE of £740,000 on 16th October 2020. For the value to have increased from £740,000 to £875,825 over the five years to October 2025, the following assumptions must hold true:

• The value of 11 THORPE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The October 2020 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THORPE CLOSE has not materially changed since October 2020.

How Large is 11 THORPE CLOSE?

11 THORPE CLOSE is 78m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% 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 11 THORPE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 11 THORPE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

11 THORPE CLOSE: Plot and Title Map

11 THORPE CLOSE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 11 THORPE 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 11 THORPE 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 11 THORPE CLOSE?

11 THORPE CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 11 on THORPE CLOSE.