120, THE LAKES, LARKFIELD, AYLESFORD, ME20 6FY - £490,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

120 THE LAKES is a small extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £490,000 in September 2021, which was around 26% below the average September 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

120 THE LAKES Sold Prices

Land registry data shows three sales for 120 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 120 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
2021 3 SEP	£490,000	£659,267	26% below HPI
2012 29 MAR	£320,000	£397,987	20% below HPI
2003 17 JUN	£270,000	£316,970	15% below HPI

120 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 120 THE LAKES sales between June 2003 and September 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 March 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 120 THE LAKES?

120 THE LAKES is 102m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 120 THE LAKES lies on this distribution: 27% of detached houses are smaller than 120 THE LAKES, and 71% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

120 THE LAKES: Plot and Title Map

120 THE LAKES sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 120 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 120 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 120 THE LAKES?

120 THE LAKES is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 120 on THE LAKES.