1, POUND CLOSE, ORPINGTON, BR6 8AL - £982,500

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 POUND CLOSE is a very large extended detached house of 222m², built sometime between 1930 and 1949. It was last sold for £982,500 in March 2021, which was around 10% above the average March 2021 detached price in the Bromley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 POUND CLOSE Sold Prices

Land registry data shows two sales for 1 POUND 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. One of the two 1 POUND 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
2021 30 MAR	£982,500	£895,970	10% above HPI
2002 5 JUN	£295,000	£368,349	20% below HPI

1 POUND 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 POUND CLOSE sales from June 2002 and March 2021 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 June 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 POUND CLOSE?

1 POUND CLOSE is 222m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 POUND CLOSE lies on this distribution: 80% of detached houses are smaller than 1 POUND CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

1 POUND CLOSE: Plot and Title Map

1 POUND CLOSE sits on a plot of roughly 0.099 of an acre, or 403m². The below map shows the location of 1 POUND 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 POUND 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 POUND CLOSE?

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