2, APRIL CLOSE, ORPINGTON, BR6 6NA - £500,000

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.

2 APRIL CLOSE is a small detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £613,743. It was last sold for £500,000 in June 2019, which was around 43% below the average June 2019 detached price in the Bromley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

2 APRIL CLOSE Sold Prices

Land registry data shows two sales for 2 APRIL 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 2 APRIL 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 5 JUN	£500,000	£884,751	43% below HPI
2003 10 APR	£267,000	£438,802	39% below HPI

2 APRIL 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 2 APRIL CLOSE sales from April 2003 and June 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 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 APRIL CLOSE be worth now?

2 APRIL CLOSE might now be worth an estimated £613,743.

This is based on house price inflation of 22.7%, between June 2019 and May 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 22.7% inflationary increase is applied to the most recent sale price for 2 APRIL CLOSE of £500,000 on 5th June 2019. For the value to have increased from £500,000 to £613,743 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 2 APRIL CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 APRIL CLOSE has not materially changed since June 2019.

How Large is 2 APRIL CLOSE?

2 APRIL CLOSE is 107m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% 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 2 APRIL CLOSE lies on this distribution: 23% of detached houses houses are smaller than 2 APRIL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

2 APRIL CLOSE: Plot and Title Map

2 APRIL CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 2 APRIL 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 2 APRIL 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 2 APRIL CLOSE?

2 APRIL CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 2 on APRIL CLOSE.