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

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 TALL ELMS CLOSE is a small extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £332,000 in May 2004, which was around 25% 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	£440,639	25% below HPI
1997 3 MAR	£160,000	£184,265	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Bromley, based on EPC data. The below chart shows the distribution of detached houses by size in Bromley, and where 5 TALL ELMS CLOSE lies on this distribution: 25% of detached 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.