118, THE LAKES, LARKFIELD, AYLESFORD, ME20 6FY - £425,000

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

118 THE LAKES is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £425,000 in June 2014, which was around 7% below the average June 2014 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

118 THE LAKES Sold Prices

Land registry data shows three sales for 118 THE LAKES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 118 THE LAKES 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
2014 27 JUN	£425,000	£454,847	7% below HPI
2011 27 MAY	£358,000	£395,334	9% below HPI
2003 17 APR	£310,000	£311,703	1% below HPI

118 THE LAKES 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 three 118 THE LAKES sales between April 2003 and June 2014 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 May 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 118 THE LAKES?

118 THE LAKES is 125m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 118 THE LAKES lies on this distribution: 65% of detached houses are smaller than 118 THE LAKES, and 35% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

118 THE LAKES: Plot and Title Map

118 THE LAKES sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 118 THE LAKES, 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 118 THE LAKES). 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 118 THE LAKES?

118 THE LAKES is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 118 on THE LAKES.