9, WEALD CLOSE, BROMLEY, BR2 8PD - £681,000

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

9 WEALD CLOSE is a large extended detached house of 216m², built sometime between 1950 and 1966. It was last sold for £681,000 in December 2021, which was around 30% below the average December 2021 detached price in the Bromley local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

9 WEALD CLOSE Sold Prices

Land registry data shows two sales for 9 WEALD 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 9 WEALD 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
2021 3 DEC	£681,000	£977,174	30% below HPI
1995 11 MAY	£137,000	£164,788	17% below HPI

9 WEALD 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 9 WEALD CLOSE sales from May 1995 and December 2021 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 May 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 9 WEALD CLOSE?

9 WEALD CLOSE is 216m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 WEALD CLOSE lies on this distribution: 79% of detached houses are smaller than 9 WEALD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in London.

9 WEALD CLOSE: Plot and Title Map

9 WEALD CLOSE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 9 WEALD 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 9 WEALD 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 9 WEALD CLOSE?

9 WEALD CLOSE is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 9 on WEALD CLOSE.