MARLE OAK, SOUTH HILL, CHISLEHURST, BR7 5EF - £1,090,000

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

MARLE OAK is a large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £1,090,000 in March 2021, which was around 22% above the average March 2021 detached price in the Bromley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

MARLE OAK Sold Prices

Land registry data shows two sales for MARLE OAK 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 MARLE OAK sales were for above 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 11 MAR	£1,090,000	£895,970	22% above HPI
1996 30 AUG	£232,500	£172,488	35% above HPI

MARLE OAK 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 MARLE OAK sales from August 1996 and March 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 August 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is MARLE OAK?

MARLE OAK is 179m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 MARLE OAK lies on this distribution: 67% of detached houses are smaller than MARLE OAK, and 32% of houses are larger. Note that EPC data is not available for all properties in London.

MARLE OAK: Plot and Title Map

MARLE OAK sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of MARLE OAK, 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 MARLE OAK). 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 MARLE OAK?

MARLE OAK is located on SOUTH HILL in CHISLEHURST, in the BR7 postcode district. The below map shows the position of MARLE OAK on SOUTH HILL.