18, MERE CLOSE, ORPINGTON, BR6 8ES - £675,000

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.

18 MERE CLOSE is a midsized extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £803,206. It was last sold for £675,000 in September 2019, which was around 26% below the average September 2019 detached price in the Bromley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

18 MERE CLOSE Sold Prices

Land registry data shows one sale for 18 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 20 SEP	£675,000	£912,672	26% below HPI

What might 18 MERE CLOSE be worth now?

18 MERE CLOSE might now be worth an estimated £803,206.

This is based on house price inflation of 19%, between September 2019 and May 2026, 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 19% inflationary increase is applied to the most recent sale price for 18 MERE CLOSE of £675,000 on 20th September 2019. For the value to have increased from £675,000 to £803,206 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 18 MERE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The September 2019 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MERE CLOSE has not materially changed since September 2019.

How Large is 18 MERE CLOSE?

18 MERE CLOSE is 153m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 18 MERE CLOSE lies on this distribution: 54% of detached houses are smaller than 18 MERE CLOSE, and 46% of detached houses are larger. Note that EPC data is not available for all properties in London.

18 MERE CLOSE: Plot

18 MERE CLOSE sits on a plot of roughly 0.118 of an acre, or 476m².

Where is 18 MERE CLOSE?

18 MERE CLOSE is located in ORPINGTON, in the BR6 postcode district.