4, GROVE CLOSE, BROMLEY, BR2 7AR - £570,000

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.

4 GROVE CLOSE is a large extended detached house of 177m², built sometime between 1930 and 1949, which could now be worth an estimated £1,101,795. It was last sold for £570,000 in August 2011, which was around 1% above the average August 2011 detached price in the Bromley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

4 GROVE CLOSE Sold Prices

Land registry data shows one sale for 4 GROVE 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
2011 5 AUG	£570,000	£561,839	1% above HPI

What might 4 GROVE CLOSE be worth now?

4 GROVE CLOSE might now be worth an estimated £1,101,795.

This is based on house price inflation of 93.3%, between August 2011 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 93.3% inflationary increase is applied to the most recent sale price for 4 GROVE CLOSE of £570,000 on 5th August 2011. For the value to have increased from £570,000 to £1,101,795 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 4 GROVE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2011 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GROVE CLOSE has not materially changed since August 2011.

How Large is 4 GROVE CLOSE?

4 GROVE CLOSE is 177m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 GROVE CLOSE lies on this distribution: 66% of detached houses are smaller than 4 GROVE CLOSE, and 34% of detached houses are larger. Note that EPC data is not available for all properties in London.

4 GROVE CLOSE: Plot

4 GROVE CLOSE sits on a plot of roughly 0.166 of an acre, or 670m².

Where is 4 GROVE CLOSE?

4 GROVE CLOSE is located in BROMLEY, in the BR2 postcode district.