10, MERCERS PLACE, KINGS HILL, WEST MALLING, ME19 4PA - £410,000

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

10 MERCERS PLACE is a very small semi-detached house of 80m², built sometime between 1996 and 2002. It was last sold for £410,000 in March 2021, which was around 35% below the average March 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

10 MERCERS PLACE Sold Prices

Land registry data shows four sales for 10 MERCERS PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four 10 MERCERS PLACE 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 30 MAR	£410,000	£629,875	35% below HPI
2013 31 OCT	£282,500	£423,904	33% below HPI
2002 4 JUL	£205,000	£281,860	27% below HPI
1996 13 SEP	£105,000	£127,622	18% below HPI

10 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 four 10 MERCERS PLACE sales between September 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 October 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 10 MERCERS PLACE?

10 MERCERS PLACE is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 10 MERCERS PLACE lies on this distribution: 2% of detached houses are smaller than 10 MERCERS PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

10 MERCERS PLACE: Plot and Title Map

10 MERCERS PLACE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 10 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 10 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 10 MERCERS PLACE?

10 MERCERS PLACE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 10 on MERCERS PLACE.