4, THORPE CLOSE, ORPINGTON, BR6 9RG - £465,000

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 THORPE CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £559,170. It was last sold for £465,000 in June 2017, which was around 49% below the average June 2017 detached price in the Bromley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 THORPE CLOSE Sold Prices

Land registry data shows two sales for 4 THORPE 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 4 THORPE 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 29 JUN	£465,000	£903,123	49% below HPI
2016 30 JUN	£420,000	£880,008	52% below HPI

4 THORPE 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 4 THORPE CLOSE sales from June 2016 and June 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 June 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2017 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 4 THORPE CLOSE be worth now?

4 THORPE CLOSE might now be worth an estimated £559,170.

This is based on house price inflation of 20.3%, between June 2017 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 20.3% inflationary increase is applied to the most recent sale price for 4 THORPE CLOSE of £465,000 on 29th June 2017. For the value to have increased from £465,000 to £559,170 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 4 THORPE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2017 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THORPE CLOSE has not materially changed since June 2017.

How Large is 4 THORPE CLOSE?

4 THORPE CLOSE is 66m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 THORPE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 THORPE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

4 THORPE CLOSE: Plot and Title Map

4 THORPE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 THORPE 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 THORPE 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 THORPE CLOSE?

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