8, LAVENDER CLOSE, BROMLEY, BR2 9TG - £300,000

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

8 LAVENDER CLOSE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £300,000 in April 2013, which was around 48% below the average April 2013 detached price in the Bromley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

8 LAVENDER CLOSE Sold Prices

Land registry data shows three sales for 8 LAVENDER 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 8 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
2013 30 APR	£300,000	£571,967	48% below HPI
2002 3 APR	£189,000	£354,311	47% below HPI
1995 31 AUG	£118,700	£166,882	29% below HPI

8 LAVENDER 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 8 LAVENDER CLOSE sales between August 1995 and April 2013 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 2002 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 LAVENDER CLOSE?

8 LAVENDER CLOSE is 83m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 LAVENDER CLOSE lies on this distribution: 9% of detached houses are smaller than 8 LAVENDER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

8 LAVENDER CLOSE: Plot and Title Map

8 LAVENDER CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 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 8 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.

Where is 8 LAVENDER CLOSE?

8 LAVENDER CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 8 on LAVENDER CLOSE.