4, OATES CLOSE, BROMLEY, BR2 0WA - £740,000

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 OATES CLOSE is a very large detached house of 220m², built sometime between 1983 and 1990, which could now be worth an estimated £1,562,739. It was last sold for £740,000 in July 2009, which was around 48% above the average July 2009 detached price in the Bromley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

4 OATES CLOSE Sold Prices

Land registry data shows two sales for 4 OATES 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 OATES 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
2009 24 JUL	£740,000	£499,652	48% above HPI
2006 24 NOV	£850,000	£511,011	66% above HPI

4 OATES 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 OATES CLOSE sales from November 2006 and July 2009 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 November 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the July 2009 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 4 OATES CLOSE be worth now?

4 OATES CLOSE might now be worth an estimated £1,562,739.

This is based on house price inflation of 111.2%, between July 2009 and March 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 111.2% inflationary increase is applied to the most recent sale price for 4 OATES CLOSE of £740,000 on 24th July 2009. For the value to have increased from £740,000 to £1,562,739 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 4 OATES CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The July 2009 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OATES CLOSE has not materially changed since July 2009.

How Large is 4 OATES CLOSE?

4 OATES CLOSE is 220m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 4 OATES CLOSE lies on this distribution: 86% of detached houses houses are smaller than 4 OATES CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bromley.

4 OATES CLOSE: Plot and Title Map

4 OATES CLOSE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 4 OATES 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 OATES 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 OATES CLOSE?

4 OATES CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 4 on OATES CLOSE.