15, SOUTHEY WAY, LARKFIELD, AYLESFORD, ME20 6TS - £507,500

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

15 SOUTHEY WAY is a large extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £507,500 in February 2024, which was around 24% below the average February 2024 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

15 SOUTHEY WAY Sold Prices

Land registry data shows five sales for 15 SOUTHEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the five 15 SOUTHEY WAY 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
2024 7 FEB	£507,500	£671,883	24% below HPI
2021 8 JAN	£435,000	£639,667	32% below HPI
2017 18 AUG	£450,000	£577,202	22% below HPI
2013 14 FEB	£265,000	£407,361	35% below HPI
2002 30 MAY	£205,000	£253,399	19% below HPI

15 SOUTHEY WAY 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 five 15 SOUTHEY WAY sales between May 2002 and February 2024 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 SOUTHEY WAY?

15 SOUTHEY WAY is 123m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 15 SOUTHEY WAY lies on this distribution: 61% of detached houses are smaller than 15 SOUTHEY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

15 SOUTHEY WAY: Plot and Title Map

15 SOUTHEY WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 15 SOUTHEY WAY, 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 15 SOUTHEY WAY). 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 15 SOUTHEY WAY?

15 SOUTHEY WAY is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 15 on SOUTHEY WAY.