3, ELLA CLOSE, BECKENHAM, BR3 1GZ - £608,000

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.

3 ELLA CLOSE is a very small terraced house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £741,801. It was last sold for £608,000 in August 2018, which was around 50% above the average August 2018 terraced price in the Bromley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

3 ELLA CLOSE Sold Prices

Land registry data shows four sales for 3 ELLA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. All of the four 3 ELLA 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
2018 16 AUG	£608,000	£405,648	50% above HPI
2013 18 JAN	£375,000	£260,177	44% above HPI
2005 28 NOV	£346,000	£208,632	66% above HPI
2003 16 OCT	£400,000	£190,195	110% above HPI

3 ELLA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The four 3 ELLA CLOSE sales between October 2003 and August 2018 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2018 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 ELLA CLOSE be worth now?

3 ELLA CLOSE might now be worth an estimated £741,801.

This is based on house price inflation of 22%, between August 2018 and May 2026, for terraced 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% inflationary increase is applied to the most recent sale price for 3 ELLA CLOSE of £608,000 on 16th August 2018. For the value to have increased from £608,000 to £741,801 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 3 ELLA CLOSE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The August 2018 sale price of £608,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELLA CLOSE has not materially changed since August 2018.

How Large is 3 ELLA CLOSE?

3 ELLA CLOSE is 130m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of terraced houses houses in Beckenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Beckenham, and where 3 ELLA CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 3 ELLA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

3 ELLA CLOSE: Plot and Title Map

3 ELLA CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 ELLA 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 3 ELLA 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 3 ELLA CLOSE?

3 ELLA CLOSE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 3 on ELLA CLOSE.