23, LAVENDER CLOSE, BROMLEY, BR2 9TG - £525,000

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

23 LAVENDER CLOSE is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £525,000 in March 2019, which was around 40% below the average March 2019 detached price in the Bromley local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

23 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 23 LAVENDER 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 23 LAVENDER 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
2019 22 MAR	£525,000	£868,105	40% below HPI
1995 4 AUG	£124,950	£166,882	25% below HPI

23 LAVENDER 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 23 LAVENDER CLOSE sales from August 1995 and March 2019 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 LAVENDER CLOSE?

23 LAVENDER CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 23 LAVENDER CLOSE lies on this distribution: 26% of detached houses are smaller than 23 LAVENDER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

23 LAVENDER CLOSE: Plot and Title Map

23 LAVENDER CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 23 LAVENDER 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 23 LAVENDER 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 23 LAVENDER CLOSE?

23 LAVENDER CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 23 on LAVENDER CLOSE.