2, GRASSMERE, LEYBOURNE, WEST MALLING, ME19 5QP - £336,500

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

2 GRASSMERE is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £336,500 in November 2020, which was around 48% below the average November 2020 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 GRASSMERE Sold Prices

Land registry data shows three sales for 2 GRASSMERE 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 2 GRASSMERE 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
2020 20 NOV	£336,500	£648,498	48% below HPI
2007 2 NOV	£234,995	£406,138	42% below HPI
2000 22 MAY	£144,000	£209,129	31% below HPI

2 GRASSMERE 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 2 GRASSMERE sales between May 2000 and November 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 November 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 GRASSMERE?

2 GRASSMERE is 101m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Leybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Leybourne, and where 2 GRASSMERE lies on this distribution: 34% of detached houses are smaller than 2 GRASSMERE, and 64% of houses are larger. Note that EPC data is not available for all properties in Leybourne.

2 GRASSMERE: Plot and Title Map

2 GRASSMERE sits on a plot of roughly 0.050 of an acre, or 200m². The below map shows the location of 2 GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

2 GRASSMERE is located in LEYBOURNE, in the ME19 postcode district. The below map shows the position of No. 2 on GRASSMERE.