1, THE FLOATS, RIVERHEAD, SEVENOAKS, TN13 2QT - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE FLOATS is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £550,527. It was last sold for £470,000 in June 2019, which was around 42% below the average June 2019 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

1 THE FLOATS Sold Prices

Land registry data shows four sales for 1 THE FLOATS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the four 1 THE FLOATS 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
2019 28 JUN	£470,000	£806,340	42% below HPI
2009 9 SEP	£284,000	£500,445	43% below HPI
1999 17 SEP	£159,950	£260,441	39% below HPI
1997 27 MAR	£120,000	£183,935	35% below HPI

1 THE FLOATS 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 four 1 THE FLOATS sales between March 1997 and June 2019 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 September 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 THE FLOATS be worth now?

1 THE FLOATS might now be worth an estimated £550,527.

This is based on house price inflation of 17.1%, between June 2019 and December 2024, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 1 THE FLOATS of £470,000 on 28th June 2019. For the value to have increased from £470,000 to £550,527 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 1 THE FLOATS has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The June 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FLOATS has not materially changed since June 2019.

How Large is 1 THE FLOATS?

1 THE FLOATS is 79m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sevenoaks, and where 1 THE FLOATS lies on this distribution: 3% of detached houses houses are smaller than 1 THE FLOATS, and 97% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.

1 THE FLOATS: Plot and Title Map

1 THE FLOATS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 1 THE FLOATS, 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 THE FLOATS). 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 THE FLOATS?

1 THE FLOATS is located in RIVERHEAD, in the TN13 postcode district. The below map shows the position of No. 1 on THE FLOATS.