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
27 LAVENDER CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £138,000 in August 1999, which was around 47% below the average August 1999 detached price in the Bromley local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 27 LAVENDER CLOSE since 1st 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 27 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 |
---|---|---|---|
1999 2 AUG | £138,000 | £258,373 | 47% below HPI |
1996 27 JUN | £97,000 | £167,316 | 42% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 27 LAVENDER CLOSE sales from June 1996 and August 1999 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 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 1999 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
27 LAVENDER CLOSE is 71m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 27 LAVENDER CLOSE lies on this distribution: 4% of detached houses are smaller than 27 LAVENDER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in London.
27 LAVENDER CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 27 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 27 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.
27 LAVENDER CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 27 on LAVENDER CLOSE.