8, CHEYNE CLOSE, BROMLEY, BR2 8QA - £520,000

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.

8 CHEYNE CLOSE is a very small semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £682,300. It was last sold for £520,000 in December 2015, which was around 3% above the average December 2015 semi-detached price in the Bromley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

8 CHEYNE CLOSE Sold Prices

Land registry data shows three sales for 8 CHEYNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. All of the three 8 CHEYNE CLOSE sales were for above 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
2015 18 DEC	£520,000	£504,018	3% above HPI
1997 28 FEB	£139,500	£106,846	31% above HPI
1995 19 MAY	£129,000	£98,460	31% above HPI

8 CHEYNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The three 8 CHEYNE CLOSE sales between May 1995 and December 2015 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 February 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 CHEYNE CLOSE be worth now?

8 CHEYNE CLOSE might now be worth an estimated £682,300.

This is based on house price inflation of 31.2%, between December 2015 and April 2026, for semi-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 31.2% inflationary increase is applied to the most recent sale price for 8 CHEYNE CLOSE of £520,000 on 18th December 2015. For the value to have increased from £520,000 to £682,300 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 CHEYNE CLOSE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The December 2015 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHEYNE CLOSE has not materially changed since December 2015.

How Large is 8 CHEYNE CLOSE?

8 CHEYNE CLOSE is 79m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 8 CHEYNE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 8 CHEYNE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

8 CHEYNE CLOSE: Plot and Title Map

8 CHEYNE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 CHEYNE 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 8 CHEYNE 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 8 CHEYNE CLOSE?

8 CHEYNE CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 8 on CHEYNE CLOSE.