7, BROWNING CLOSE, WELLING, DA16 3NZ - £315,000

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.

7 BROWNING CLOSE is a very small terraced house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £392,536. It was last sold for £315,000 in February 2019, which was around 5% below the average February 2019 terraced price in the Bexley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

7 BROWNING CLOSE Sold Prices

Land registry data shows three sales for 7 BROWNING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. The three 7 BROWNING CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 28 FEB	£315,000	£330,603	5% below HPI
2015 13 OCT	£282,500	£281,515	Close to HPI
2011 3 JUN	£176,000	£195,711	10% below HPI

7 BROWNING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bexley local authority area over time, sourced from the HPI. The three 7 BROWNING CLOSE sales between June 2011 and February 2019 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 October 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 BROWNING CLOSE be worth now?

7 BROWNING CLOSE might now be worth an estimated £392,536.

This is based on house price inflation of 24.6%, between February 2019 and April 2026, for terraced houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 7 BROWNING CLOSE of £315,000 on 28th February 2019. For the value to have increased from £315,000 to £392,536 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 BROWNING CLOSE has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The February 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BROWNING CLOSE has not materially changed since February 2019.

How Large is 7 BROWNING CLOSE?

7 BROWNING CLOSE is 62m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 7 BROWNING CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 7 BROWNING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

7 BROWNING CLOSE: Plot and Title Map

7 BROWNING CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 7 BROWNING 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 7 BROWNING 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 7 BROWNING CLOSE?

7 BROWNING CLOSE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 7 on BROWNING CLOSE.