41, SOUTHWOOD CLOSE, BROMLEY, BR1 2LU - £600,000

41 SOUTHWOOD CLOSE is a small detached house of 115m², built sometime between 1976 and 1982. It was last sold for £600,000 in August 2016, which was around 31% below the average August 2016 detached price in the Bromley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

41 SOUTHWOOD CLOSE Sold Prices

Land registry data shows four sales for 41 SOUTHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 41 SOUTHWOOD 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
2016 19 AUG	£600,000	£869,055	31% below HPI
2012 22 JUN	£355,000	£554,407	36% below HPI
2007 27 APR	£389,500	£509,623	24% below HPI
2002 5 APR	£245,000	£354,311	31% below HPI

41 SOUTHWOOD 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 four 41 SOUTHWOOD CLOSE sales between April 2002 and August 2016 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 41 SOUTHWOOD CLOSE?

41 SOUTHWOOD CLOSE is 115m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 41 SOUTHWOOD CLOSE lies on this distribution: 31% of detached houses are smaller than 41 SOUTHWOOD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

41 SOUTHWOOD CLOSE: Plot and Title Map

41 SOUTHWOOD CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 41 SOUTHWOOD 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 41 SOUTHWOOD 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 41 SOUTHWOOD CLOSE?

41 SOUTHWOOD CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 41 on SOUTHWOOD CLOSE.