1, RAVENS CLOSE, BROMLEY, BR2 0EL - £545,000

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 RAVENS CLOSE is a very small extended semi-detached house of 90m², built sometime between 1967 and 1975. It was last sold for £545,000 in May 2016, which was around 35% below the average May 2016 detached price in the Bromley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

1 RAVENS CLOSE Sold Prices

Land registry data shows four sales for 1 RAVENS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 1 RAVENS 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
2016 20 MAY	£545,000	£834,740	35% below HPI
2009 29 MAY	£290,000	£466,686	38% below HPI
2001 5 OCT	£216,950	£354,547	39% below HPI
1999 8 OCT	£148,500	£268,931	45% below HPI

1 RAVENS 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 four 1 RAVENS CLOSE sales between October 1999 and May 2016 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 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 RAVENS CLOSE?

1 RAVENS CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses by size in Bromley, and where 1 RAVENS CLOSE lies on this distribution: 6% of detached houses are smaller than 1 RAVENS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bromley.

1 RAVENS CLOSE: Plot and Title Map

1 RAVENS CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 RAVENS 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 RAVENS 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 RAVENS CLOSE?

1 RAVENS CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 1 on RAVENS CLOSE.