MARLE OAK, SOUTH HILL, CHISLEHURST, BR7 5EF - £1,090,000

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.

MARLE OAK is a large extended detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £1,234,536. It was last sold for £1,090,000 in March 2021, which was around 17% above the average March 2021 detached price in the Bromley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

MARLE OAK Sold Prices

Land registry data shows two sales for MARLE OAK 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 MARLE OAK 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
2021 11 MAR	£1,090,000	£933,497	17% above HPI
1996 30 AUG	£232,500	£179,713	29% above HPI

MARLE OAK 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 MARLE OAK sales from August 1996 and March 2021 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 August 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might MARLE OAK be worth now?

MARLE OAK might now be worth an estimated £1,234,536.

This is based on house price inflation of 13.3%, between March 2021 and February 2025, 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 13.3% inflationary increase is applied to the most recent sale price for MARLE OAK of £1,090,000 on 11th March 2021. For the value to have increased from £1,090,000 to £1,234,536 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MARLE OAK has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2021 sale price of £1,090,000 represented a fair market value for the property.
• The size, condition, and specification of MARLE OAK has not materially changed since March 2021.

How Large is MARLE OAK?

MARLE OAK is 179m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% 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 MARLE OAK lies on this distribution: 67% of detached houses houses are smaller than MARLE OAK, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

MARLE OAK: Plot and Title Map

MARLE OAK sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of MARLE OAK, 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 MARLE OAK). 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 MARLE OAK?

MARLE OAK is located on SOUTH HILL in CHISLEHURST, in the BR7 postcode district. The below map shows the position of MARLE OAK on SOUTH HILL.