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
5 LAVENDER CLOSE is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £285,000 in December 2005, which was around 36% below the average December 2005 detached price in the Bromley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 LAVENDER CLOSE since 1st 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 LAVENDER 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 |
---|---|---|---|
2005 15 DEC | £285,000 | £444,305 | 36% below HPI |
2002 19 JUL | £237,500 | £379,838 | 37% below HPI |
The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 5 LAVENDER CLOSE sales from July 2002 and December 2005 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2005 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 LAVENDER CLOSE is 120m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% 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 LAVENDER CLOSE lies on this distribution: 34% of detached houses are smaller than 5 LAVENDER CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in London.
5 LAVENDER CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 LAVENDER 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 LAVENDER 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.
5 LAVENDER CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 5 on LAVENDER CLOSE.