3, ELHAM CLOSE, BROMLEY, BR1 2TQ - £900,000

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

3 ELHAM CLOSE is a small extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £900,000 in January 2024, which was around 10% below the average January 2024 detached price in the Bromley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

3 ELHAM CLOSE Sold Prices

Land registry data shows two sales for 3 ELHAM 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 3 ELHAM 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
2024 10 JAN	£900,000	£995,954	10% below HPI
2021 3 DEC	£900,000	£977,174	8% below HPI

3 ELHAM 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 3 ELHAM CLOSE sales from December 2021 and January 2024 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 December 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 ELHAM CLOSE?

3 ELHAM CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 3 ELHAM CLOSE lies on this distribution: 35% of detached houses are smaller than 3 ELHAM CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in London.

3 ELHAM CLOSE: Plot and Title Map

3 ELHAM CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 ELHAM 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 3 ELHAM 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 3 ELHAM CLOSE?

3 ELHAM CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 3 on ELHAM CLOSE.