1, RYE LANE, OTFORD, SEVENOAKS, TN14 5JE - £370,000

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 RYE LANE is a very small extended detached house of 95m², built sometime before 1900. It was last sold for £370,000 in May 2013, which was around 31% below the average May 2013 detached price in the Sevenoaks local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was E.

1 RYE LANE Sold Prices

Land registry data shows three sales for 1 RYE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the three 1 RYE LANE 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 9 MAY	£370,000	£536,927	31% below HPI
1998 16 JAN	£163,000	£191,690	15% below HPI
1995 30 JUN	£87,000	£157,396	45% below HPI

1 RYE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The three 1 RYE LANE sales between June 1995 and May 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 January 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 RYE LANE?

1 RYE LANE is 95m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Otford, based on EPC data. The below chart shows the distribution of detached houses by size in Otford, and where 1 RYE LANE lies on this distribution: 11% of detached houses are smaller than 1 RYE LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Otford.

1 RYE LANE: Plot and Title Map

1 RYE LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 1 RYE LANE, 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 RYE LANE). 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 RYE LANE?

1 RYE LANE is located in OTFORD, in the TN14 postcode district. The below map shows the position of No. 1 on RYE LANE.