6, MEREWOOD CLOSE, BROMLEY, BR1 2AN - £930,000

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

6 MEREWOOD CLOSE is a small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £930,000 in July 2022, which was around 10% below the average July 2022 detached price in the Bromley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

6 MEREWOOD CLOSE Sold Prices

Land registry data shows three sales for 6 MEREWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 6 MEREWOOD 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
2022 11 JUL	£930,000	£1,027,780	10% below HPI
2020 30 APR	£795,500	£868,789	8% below HPI
2014 20 FEB	£518,000	£628,968	18% below HPI

6 MEREWOOD 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 three 6 MEREWOOD CLOSE sales between February 2014 and July 2022 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 6 MEREWOOD CLOSE?

6 MEREWOOD CLOSE is 120m² according to the EPC inspection conducted in March 2014. 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 6 MEREWOOD CLOSE lies on this distribution: 34% of detached houses are smaller than 6 MEREWOOD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in London.

6 MEREWOOD CLOSE: Plot and Title Map

6 MEREWOOD CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 6 MEREWOOD 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 6 MEREWOOD 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 6 MEREWOOD CLOSE?

6 MEREWOOD CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 6 on MEREWOOD CLOSE.