2, MERCER CLOSE, LARKFIELD, AYLESFORD, ME20 6QY - £239,950

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 MERCER CLOSE is a very small semi-detached house of 78m², built sometime between 1996 and 2002. It was last sold for £239,950 in June 2014, which was around 47% below the average June 2014 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 MERCER CLOSE Sold Prices

Land registry data shows three sales for 2 MERCER CLOSE 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 MERCER CLOSE 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
2014 27 JUN	£239,950	£454,847	47% below HPI
2011 28 APR	£200,000	£400,927	50% below HPI
2003 16 APR	£159,995	£311,703	49% below HPI

2 MERCER CLOSE 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 MERCER CLOSE sales between April 2003 and June 2014 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 April 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2014 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 MERCER CLOSE?

2 MERCER CLOSE is 78m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 2 MERCER CLOSE lies on this distribution: 9% of detached houses are smaller than 2 MERCER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

2 MERCER CLOSE: Plot and Title Map

2 MERCER CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 2 MERCER CLOSE, 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 MERCER CLOSE). 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 MERCER CLOSE?

2 MERCER CLOSE is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 2 on MERCER CLOSE.