25, MEREWOOD CLOSE, BROMLEY, BR1 2AN - £585,000

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

25 MEREWOOD CLOSE is a midsized detached house of 155m², built sometime between 1967 and 1975. It was last sold for £585,000 in January 2012, which was around 7% above the average January 2012 detached price in the Bromley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

25 MEREWOOD CLOSE Sold Prices

Land registry data shows two sales for 25 MEREWOOD 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 25 MEREWOOD CLOSE sales were for above 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
2012 13 JAN	£585,000	£546,664	7% above HPI
2010 9 JUN	£552,000	£532,552	4% above HPI

25 MEREWOOD 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 25 MEREWOOD CLOSE sales from June 2010 and January 2012 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 25 MEREWOOD CLOSE?

25 MEREWOOD CLOSE is 155m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 25 MEREWOOD CLOSE lies on this distribution: 56% of detached houses are smaller than 25 MEREWOOD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

25 MEREWOOD CLOSE: Plot and Title Map

25 MEREWOOD CLOSE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 25 MEREWOOD 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 25 MEREWOOD 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 25 MEREWOOD CLOSE?

25 MEREWOOD CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 25 on MEREWOOD CLOSE.