2, PEARL WAY, KINGS HILL, WEST MALLING, ME19 4EJ - £283,000

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 PEARL WAY is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £283,000 in November 2005, which was around 19% below the average November 2005 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 PEARL WAY Sold Prices

Land registry data shows two sales for 2 PEARL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 2 PEARL WAY 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
2005 30 NOV	£283,000	£349,905	19% below HPI
2002 28 JUN	£224,995	£266,541	16% below HPI

2 PEARL WAY 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 two 2 PEARL WAY sales from June 2002 and November 2005 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 June 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2005 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 PEARL WAY?

2 PEARL WAY is 85m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 2 PEARL WAY lies on this distribution: 3% of detached houses are smaller than 2 PEARL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

2 PEARL WAY: Plot and Title Map

2 PEARL WAY sits on a plot of roughly 0.049 of an acre, or 196m². The below map shows the location of 2 PEARL 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 PEARL 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 PEARL WAY?

2 PEARL WAY is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 2 on PEARL WAY.