1, MERCERS PLACE, KINGS HILL, WEST MALLING, ME19 4PA - £445,000

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

1 MERCERS PLACE is a large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £445,000 in June 2010, which was around 15% above the average June 2010 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 MERCERS PLACE Sold Prices

Land registry data shows two sales for 1 MERCERS PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 1 MERCERS PLACE 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
2010 9 JUN	£445,000	£386,937	15% above HPI
1997 28 FEB	£173,950	£127,506	36% above HPI

1 MERCERS PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 1 MERCERS PLACE sales from February 1997 and June 2010 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 February 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 MERCERS PLACE?

1 MERCERS PLACE is 162m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 1 MERCERS PLACE lies on this distribution: 66% of detached houses are smaller than 1 MERCERS PLACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

1 MERCERS PLACE: Plot and Title Map

1 MERCERS PLACE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 1 MERCERS PLACE, 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 1 MERCERS PLACE). 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 1 MERCERS PLACE?

1 MERCERS PLACE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 1 on MERCERS PLACE.