5, MERESIDE, ORPINGTON, BR6 8ET - £1,080,000

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

5 MERESIDE is a very large extended detached house of 224m², built sometime between 1967 and 1975. It was last sold for £1,080,000 in October 2020, which was around 22% above the average October 2020 detached price in the Bromley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

5 MERESIDE Sold Prices

Land registry data shows two sales for 5 MERESIDE 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. One of the two 5 MERESIDE sales was for above the average price, whilst the other was 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
2020 30 OCT	£1,080,000	£882,387	22% above HPI
2017 11 JUL	£650,000	£865,799	25% below HPI

5 MERESIDE 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 MERESIDE sales from July 2017 and October 2020 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 5 MERESIDE?

5 MERESIDE is 224m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 MERESIDE lies on this distribution: 81% of detached houses are smaller than 5 MERESIDE, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

5 MERESIDE: Plot and Title Map

5 MERESIDE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 5 MERESIDE, 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 MERESIDE). 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 MERESIDE?

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