3, MERE CLOSE, ORPINGTON, BR6 8ES - £780,000

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 MERE CLOSE is a large extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £914,215. It was last sold for £780,000 in July 2017, which was around 14% below the average July 2017 detached price in the Bromley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

3 MERE CLOSE Sold Prices

Land registry data shows two sales for 3 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 3 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
2017 25 JUL	£780,000	£902,062	14% below HPI
2015 25 SEP	£425,000	£810,902	48% below HPI

3 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 3 MERE CLOSE sales from September 2015 and July 2017 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 September 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 MERE CLOSE be worth now?

3 MERE CLOSE might now be worth an estimated £914,215.

This is based on house price inflation of 17.2%, between July 2017 and February 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 17.2% inflationary increase is applied to the most recent sale price for 3 MERE CLOSE of £780,000 on 25th July 2017. For the value to have increased from £780,000 to £914,215 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 3 MERE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The July 2017 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MERE CLOSE has not materially changed since July 2017.

How Large is 3 MERE CLOSE?

3 MERE CLOSE is 168m², which includes four extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 3 MERE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 3 MERE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in London.

3 MERE CLOSE: Plot and Title Map

3 MERE CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 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 3 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 3 MERE CLOSE?

3 MERE CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 3 on MERE CLOSE.