16, TALL ELMS CLOSE, BROMLEY, BR2 0TT - £695,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 TALL ELMS CLOSE is a small extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £820,312. It was last sold for £695,000 in March 2020, which was around 22% below the average March 2020 detached price in the Bromley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

16 TALL ELMS CLOSE Sold Prices

Land registry data shows two sales for 16 TALL ELMS 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 16 TALL ELMS 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 10 MAR	£695,000	£895,768	22% below HPI
2013 26 JUN	£480,000	£607,449	21% below HPI

16 TALL ELMS 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 16 TALL ELMS CLOSE sales from June 2013 and March 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 June 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 TALL ELMS CLOSE be worth now?

16 TALL ELMS CLOSE might now be worth an estimated £820,312.

This is based on house price inflation of 18%, between March 2020 and February 2025, 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 18% inflationary increase is applied to the most recent sale price for 16 TALL ELMS CLOSE of £695,000 on 10th March 2020. For the value to have increased from £695,000 to £820,312 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 16 TALL ELMS CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The March 2020 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TALL ELMS CLOSE has not materially changed since March 2020.

How Large is 16 TALL ELMS CLOSE?

16 TALL ELMS CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 16 TALL ELMS CLOSE lies on this distribution: 25% of detached houses houses are smaller than 16 TALL ELMS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bromley.

16 TALL ELMS CLOSE: Plot and Title Map

16 TALL ELMS CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 16 TALL ELMS 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 16 TALL ELMS 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 16 TALL ELMS CLOSE?

16 TALL ELMS CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 16 on TALL ELMS CLOSE.