8, STEPHEN CLOSE, ORPINGTON, BR6 9TZ - £345,000

8 STEPHEN CLOSE is a very small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £345,000 in April 2012, which was around 37% below the average April 2012 detached price in the Bromley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

8 STEPHEN CLOSE Sold Prices

Land registry data shows three sales for 8 STEPHEN 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 8 STEPHEN 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 30 APR	£345,000	£549,133	37% below HPI
2008 23 JUL	£315,000	£542,902	42% below HPI
1996 10 MAY	£105,000	£166,600	37% below HPI

8 STEPHEN 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 8 STEPHEN CLOSE sales between May 1996 and April 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 July 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 STEPHEN CLOSE?

8 STEPHEN CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 8 STEPHEN CLOSE lies on this distribution: 17% of detached houses are smaller than 8 STEPHEN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Orpington.

8 STEPHEN CLOSE: Plot and Title Map

8 STEPHEN CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 STEPHEN 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 STEPHEN 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 STEPHEN CLOSE?

8 STEPHEN CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 8 on STEPHEN CLOSE.