5, TALL ELMS CLOSE, BROMLEY, BR2 0TT - £332,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 TALL ELMS CLOSE is a small extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £764,585. It was last sold for £332,000 in May 2004, which was around 28% below the average May 2004 detached price in the Bromley local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 TALL ELMS CLOSE Sold Prices

Land registry data shows two sales for 5 TALL ELMS 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 TALL ELMS 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
2004 26 MAY	£332,000	£459,095	28% below HPI
1997 3 MAR	£160,000	£191,983	17% below HPI

5 TALL ELMS 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 TALL ELMS CLOSE sales from March 1997 and May 2004 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 March 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2004 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 TALL ELMS CLOSE be worth now?

5 TALL ELMS CLOSE might now be worth an estimated £764,585.

This is based on house price inflation of 130.3%, between May 2004 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 130.3% inflationary increase is applied to the most recent sale price for 5 TALL ELMS CLOSE of £332,000 on 26th May 2004. For the value to have increased from £332,000 to £764,585 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 5 TALL ELMS CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The May 2004 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TALL ELMS CLOSE has not materially changed since May 2004.

How Large is 5 TALL ELMS CLOSE?

5 TALL ELMS CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 5 TALL ELMS CLOSE lies on this distribution: 25% of detached houses houses are smaller than 5 TALL ELMS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bromley.

5 TALL ELMS CLOSE: Plot and Title Map

5 TALL ELMS CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 TALL ELMS 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 TALL ELMS 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 TALL ELMS CLOSE?

5 TALL ELMS CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 5 on TALL ELMS CLOSE.