4, MOUNT CLOSE, BROMLEY, BR1 2PH - £1,850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MOUNT CLOSE is a very large detached house of 460m², which could now be worth an estimated £2,180,253. It was last sold for £1,850,000 in May 2018, which was around 106% above the average May 2018 detached price in the Bromley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

4 MOUNT CLOSE Sold Prices

Land registry data shows two sales for 4 MOUNT 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 4 MOUNT 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
2018 18 MAY	£1,850,000	£897,129	106% above HPI
2014 27 FEB	£700,000	£655,312	7% above HPI

4 MOUNT 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 4 MOUNT CLOSE sales from February 2014 and May 2018 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 February 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2018 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 4 MOUNT CLOSE be worth now?

4 MOUNT CLOSE might now be worth an estimated £2,180,253.

This is based on house price inflation of 17.9%, between May 2018 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 4 MOUNT CLOSE of £1,850,000 on 18th May 2018. For the value to have increased from £1,850,000 to £2,180,253 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 MOUNT CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2018 sale price of £1,850,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MOUNT CLOSE has not materially changed since May 2018.

How Large is 4 MOUNT CLOSE?

4 MOUNT CLOSE is 460m² according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 4 MOUNT CLOSE lies on this distribution: 97% of detached houses houses are smaller than 4 MOUNT CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in London.

4 MOUNT CLOSE: Plot and Title Map

4 MOUNT CLOSE sits on a plot of roughly 0.246 of an acre, or 996m². The below map shows the location of 4 MOUNT 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 4 MOUNT 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 4 MOUNT CLOSE?

4 MOUNT CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 4 on MOUNT CLOSE.