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
20 MERE CLOSE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £739,995 in March 2018, which was around 15% below the average March 2018 detached price in the Bromley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 20 MERE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 20 MERE 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 |
---|---|---|---|
2018 27 MAR | £739,995 | £866,970 | 15% below HPI |
2011 24 JUN | £460,000 | £542,986 | 15% below HPI |
2005 24 MAR | £360,000 | £453,597 | 21% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The three 20 MERE CLOSE sales between March 2005 and March 2018 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2018 sale, which was also at 15% below the HPI.
20 MERE CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 20 MERE CLOSE lies on this distribution: 31% of detached houses are smaller than 20 MERE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in London.
20 MERE CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 20 MERE 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 20 MERE 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.
20 MERE CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 20 on MERE CLOSE.