1, GREENACRES CLOSE, ORPINGTON, BR6 7TS - £520,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREENACRES CLOSE is a very small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £520,000 in May 2020, which was around 39% below the average May 2020 detached price in the Bromley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

1 GREENACRES CLOSE Sold Prices

Land registry data shows two sales for 1 GREENACRES CLOSE 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 1 GREENACRES CLOSE sales were for below 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
2020 28 MAY	£520,000	£855,729	39% below HPI
2016 15 FEB	£515,000	£826,049	38% below HPI

1 GREENACRES CLOSE 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 1 GREENACRES CLOSE sales from February 2016 and May 2020 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 February 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 GREENACRES CLOSE?

1 GREENACRES CLOSE is 94m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 GREENACRES CLOSE lies on this distribution: 16% of detached houses are smaller than 1 GREENACRES CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

1 GREENACRES CLOSE: Plot and Title Map

1 GREENACRES CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 1 GREENACRES CLOSE, 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 1 GREENACRES CLOSE). 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 1 GREENACRES CLOSE?

1 GREENACRES CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 1 on GREENACRES CLOSE.