Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 NORMAN CLOSE is a large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £1,200,000 in May 2023, which was around 18% above the average May 2023 detached price in the Bromley local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 NORMAN CLOSE since 1st 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. One of the two 1 NORMAN CLOSE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 5 MAY | £1,200,000 | £1,016,260 | 18% above HPI |
2011 19 MAY | £450,000 | £552,387 | 19% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 1 NORMAN CLOSE sales from May 2011 and May 2023 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 May 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
1 NORMAN CLOSE is 169m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 1 NORMAN CLOSE lies on this distribution: 63% of detached houses are smaller than 1 NORMAN CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.
1 NORMAN CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 NORMAN 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 NORMAN 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.
1 NORMAN CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 1 on NORMAN CLOSE.