2, BAY TREE CLOSE, BROMLEY, BR1 2TS - £820,000

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 BAY TREE CLOSE is a large extended detached house of 189m², built sometime between 1991 and 1995, which could now be worth an estimated £1,311,814. It was last sold for £820,000 in April 2014, which was around 22% above the average April 2014 detached price in the Bromley local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 BAY TREE CLOSE Sold Prices

Land registry data shows two sales for 2 BAY TREE 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 BAY TREE 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
2014 11 APR	£820,000	£674,752	22% above HPI
2002 2 MAY	£467,000	£375,656	24% above HPI

2 BAY TREE 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 BAY TREE CLOSE sales from May 2002 and April 2014 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 BAY TREE CLOSE be worth now?

2 BAY TREE CLOSE might now be worth an estimated £1,311,814.

This is based on house price inflation of 60%, between April 2014 and April 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 60% inflationary increase is applied to the most recent sale price for 2 BAY TREE CLOSE of £820,000 on 11th April 2014. For the value to have increased from £820,000 to £1,311,814 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 2 BAY TREE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The April 2014 sale price of £820,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAY TREE CLOSE has not materially changed since April 2014.

How Large is 2 BAY TREE CLOSE?

2 BAY TREE CLOSE is 189m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 BAY TREE CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 BAY TREE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in London.

2 BAY TREE CLOSE: Plot and Title Map

2 BAY TREE CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 2 BAY TREE 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 BAY TREE 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 BAY TREE CLOSE?

2 BAY TREE CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 2 on BAY TREE CLOSE.