2, CHANCELLOR WAY, SEVENOAKS, TN13 3LA - £906,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHANCELLOR WAY is a large extended detached house of 210m², built sometime between 1967 and 1975, which could now be worth an estimated £1,073,917. It was last sold for £906,000 in May 2020, which was around 9% 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.

2 CHANCELLOR WAY Sold Prices

Land registry data shows three sales for 2 CHANCELLOR WAY since 1^st 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	£830,162	9% above HPI
2013 12 DEC	£585,000	£571,419	2% above HPI
2010 1 SEP	£355,000	£557,073	36% below HPI

2 CHANCELLOR WAY Price Paid vs. HPI Average

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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 CHANCELLOR WAY be worth now?

2 CHANCELLOR WAY might now be worth an estimated £1,073,917.

This is based on house price inflation of 18.5%, between May 2020 and February 2025, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 2 CHANCELLOR WAY of £906,000 on 14th May 2020. For the value to have increased from £906,000 to £1,073,917 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CHANCELLOR WAY has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The May 2020 sale price of £906,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHANCELLOR WAY has not materially changed since May 2020.

How Large is 2 CHANCELLOR WAY?

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 houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sevenoaks, and where 2 CHANCELLOR WAY lies on this distribution: 62% of detached houses 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: Plot and Title Map

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.

Where is 2 CHANCELLOR WAY?

2 CHANCELLOR WAY is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 2 on CHANCELLOR WAY.