5, FARRANT CLOSE, ORPINGTON, BR6 6AY - £550,000

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

5 FARRANT CLOSE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £550,000 in January 2021, which was around 40% below the average January 2021 detached price in the Bromley local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

5 FARRANT CLOSE Sold Prices

Land registry data shows two sales for 5 FARRANT 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 5 FARRANT 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
2021 12 JAN	£550,000	£915,347	40% below HPI
2012 2 APR	£360,000	£549,133	34% below HPI

5 FARRANT 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 5 FARRANT CLOSE sales from April 2012 and January 2021 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 April 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 FARRANT CLOSE?

5 FARRANT CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 FARRANT CLOSE lies on this distribution: 4% of detached houses are smaller than 5 FARRANT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

5 FARRANT CLOSE: Plot and Title Map

5 FARRANT CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 5 FARRANT 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 5 FARRANT 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 5 FARRANT CLOSE?

5 FARRANT CLOSE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 5 on FARRANT CLOSE.