3, VALE CLOSE, ORPINGTON, BR6 7AJ - £550,000

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 VALE CLOSE is a small extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £550,000 in July 2016, which was around 36% below the average July 2016 detached price in the Bromley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

3 VALE CLOSE Sold Prices

Land registry data shows two sales for 3 VALE 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 VALE 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
2016 8 JUL	£550,000	£859,048	36% below HPI
2002 6 DEC	£330,000	£410,418	20% below HPI

3 VALE 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 VALE CLOSE sales from December 2002 and July 2016 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 VALE CLOSE?

3 VALE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 3 VALE CLOSE lies on this distribution: 23% of detached houses are smaller than 3 VALE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

3 VALE CLOSE: Plot and Title Map

3 VALE CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 VALE 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 VALE 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 VALE CLOSE?

3 VALE CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 3 on VALE CLOSE.