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
2 CHANCELLOR WAY is a large extended detached house of 210m², built sometime between 1967 and 1975. It was last sold for £906,000 in May 2020, which was around 15% above the average May 2020 detached price in the Sevenoaks local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 2 CHANCELLOR WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Two of the three 2 CHANCELLOR WAY sales were for above the average price, whilst one was 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 |
---|---|---|---|
2020 14 MAY | £906,000 | £788,082 | 15% above HPI |
2013 12 DEC | £585,000 | £542,454 | 8% above HPI |
2010 1 SEP | £355,000 | £528,836 | 33% below HPI |
The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The three 2 CHANCELLOR WAY sales between September 2010 and May 2020 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 December 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
2 CHANCELLOR WAY is 210m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks, and where 2 CHANCELLOR WAY lies on this distribution: 62% of detached houses are smaller than 2 CHANCELLOR WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
2 CHANCELLOR WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 CHANCELLOR 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 2 CHANCELLOR 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.
2 CHANCELLOR WAY is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 2 on CHANCELLOR WAY.