5, STEPHEN CLOSE, ORPINGTON, BR6 9TZ - £630,000

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 STEPHEN CLOSE is a small extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £757,585. It was last sold for £630,000 in June 2017, which was around 30% below the average June 2017 detached price in the Bromley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 STEPHEN CLOSE Sold Prices

Land registry data shows one sale for 5 STEPHEN 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
2017 7 JUN	£630,000	£903,123	30% below HPI

What might 5 STEPHEN CLOSE be worth now?

5 STEPHEN CLOSE might now be worth an estimated £757,585.

This is based on house price inflation of 20.3%, between June 2017 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 20.3% inflationary increase is applied to the most recent sale price for 5 STEPHEN CLOSE of £630,000 on 7th June 2017. For the value to have increased from £630,000 to £757,585 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 5 STEPHEN CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2017 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STEPHEN CLOSE has not materially changed since June 2017.

How Large is 5 STEPHEN CLOSE?

5 STEPHEN CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 5 STEPHEN CLOSE lies on this distribution: 38% of detached houses are smaller than 5 STEPHEN CLOSE, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Orpington.

5 STEPHEN CLOSE: Plot

5 STEPHEN CLOSE sits on a plot of roughly 0.114 of an acre, or 462m².

Where is 5 STEPHEN CLOSE?

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