5, MERE CLOSE, ORPINGTON, BR6 8ES - £80,000

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.

5 MERE CLOSE is a midsized extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £414,662. It was last sold for £80,000 in August 1997, which was around 62% below the average August 1997 detached price in the Bromley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

5 MERE CLOSE Sold Prices

Land registry data shows one sale for 5 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
1997 1 AUG	£80,000	£209,524	62% below HPI

What might 5 MERE CLOSE be worth now?

5 MERE CLOSE might now be worth an estimated £414,662.

This is based on house price inflation of 418.3%, between August 1997 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 418.3% inflationary increase is applied to the most recent sale price for 5 MERE CLOSE of £80,000 on 1st August 1997. For the value to have increased from £80,000 to £414,662 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 MERE CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 1997 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERE CLOSE has not materially changed since August 1997.

How Large is 5 MERE CLOSE?

5 MERE CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 5 MERE CLOSE lies on this distribution: 52% of detached houses are smaller than 5 MERE CLOSE, and 47% of detached houses are larger. Note that EPC data is not available for all properties in London.

5 MERE CLOSE: Plot

5 MERE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m².

Where is 5 MERE CLOSE?

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