3, MEREWORTH CLOSE, BROMLEY, BR2 9DF - £620,000

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

3 MEREWORTH CLOSE is a midsized extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £620,000 in July 2019, which was around 28% below the average July 2019 detached price in the Bromley local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

3 MEREWORTH CLOSE Sold Prices

Land registry data shows two sales for 3 MEREWORTH 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 MEREWORTH 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 4 JUL	£620,000	£856,168	28% below HPI
1998 31 JUL	£215,000	£224,677	4% below HPI

3 MEREWORTH 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 MEREWORTH CLOSE sales from July 1998 and July 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 July 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MEREWORTH CLOSE?

3 MEREWORTH CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 3 MEREWORTH CLOSE lies on this distribution: 50% of detached houses are smaller than 3 MEREWORTH CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in London.

3 MEREWORTH CLOSE: Plot and Title Map

3 MEREWORTH CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 3 MEREWORTH 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 MEREWORTH 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 MEREWORTH CLOSE?

3 MEREWORTH CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 3 on MEREWORTH CLOSE.