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 LETTER BOX LANE is a very small extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £1,030,000 in March 2021, which was around 29% above the average March 2021 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was A.
Land registry data shows two sales for 2 LETTER BOX LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two 2 LETTER BOX LANE sales were for above 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 31 MAR | £1,030,000 | £799,646 | 29% above HPI |
2018 26 FEB | £912,500 | £771,908 | 18% above HPI |
The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two 2 LETTER BOX LANE sales from February 2018 and March 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 February 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
2 LETTER BOX LANE is 124m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 LETTER BOX LANE lies on this distribution: 17% of detached houses are smaller than 2 LETTER BOX LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
2 LETTER BOX LANE sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of 2 LETTER BOX LANE, 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 LETTER BOX LANE). 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 LETTER BOX LANE is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 2 on LETTER BOX LANE.