17, PADDOCK CLOSE, FARNBOROUGH, ORPINGTON, BR6 7TL - £605,000

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

17 PADDOCK CLOSE is a small extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £605,000 in December 2020, which was around 34% below the average December 2020 detached price in the Bromley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

17 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 17 PADDOCK 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 17 PADDOCK 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 11 DEC	£605,000	£912,656	34% below HPI
2001 1 AUG	£250,000	£341,265	27% below HPI

17 PADDOCK 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 17 PADDOCK CLOSE sales from August 2001 and December 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 August 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17 PADDOCK CLOSE?

17 PADDOCK CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 17 PADDOCK CLOSE lies on this distribution: 23% of detached houses are smaller than 17 PADDOCK CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

17 PADDOCK CLOSE: Plot and Title Map

17 PADDOCK CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 17 PADDOCK 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 17 PADDOCK 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 17 PADDOCK CLOSE?

17 PADDOCK CLOSE is located in FARNBOROUGH, in the BR6 postcode district. The below map shows the position of No. 17 on PADDOCK CLOSE.