4, ASPEN CLOSE, ORPINGTON, BR6 6JL - £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.

4 ASPEN CLOSE is a midsized extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £928,661. It was last sold for £500,000 in May 2012, which was around 12% below the average May 2012 detached price in the Bromley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

4 ASPEN CLOSE Sold Prices

Land registry data shows three sales for 4 ASPEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 4 ASPEN 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
2012 22 MAY	£500,000	£569,250	12% below HPI
2003 26 SEP	£355,000	£449,584	21% below HPI
1996 23 AUG	£129,500	£179,713	28% below HPI

4 ASPEN 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 three 4 ASPEN CLOSE sales between August 1996 and May 2012 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 ASPEN CLOSE be worth now?

4 ASPEN CLOSE might now be worth an estimated £928,661.

This is based on house price inflation of 85.7%, between May 2012 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 85.7% inflationary increase is applied to the most recent sale price for 4 ASPEN CLOSE of £500,000 on 22nd May 2012. For the value to have increased from £500,000 to £928,661 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 ASPEN CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2012 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ASPEN CLOSE has not materially changed since May 2012.

How Large is 4 ASPEN CLOSE?

4 ASPEN CLOSE is 159m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% 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 4 ASPEN CLOSE lies on this distribution: 58% of detached houses houses are smaller than 4 ASPEN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in London.

4 ASPEN CLOSE: Plot and Title Map

4 ASPEN CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 4 ASPEN 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 4 ASPEN 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 4 ASPEN CLOSE?

4 ASPEN CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 4 on ASPEN CLOSE.