28, GRASSMERE, LEYBOURNE, WEST MALLING, ME19 5QP - £340,000

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

28 GRASSMERE is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £340,000 in February 2008, which was around 15% below the average February 2008 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

28 GRASSMERE Sold Prices

Land registry data shows three sales for 28 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 28 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
2008 8 FEB	£340,000	£400,872	15% below HPI
2007 4 JAN	£325,000	£374,588	13% below HPI
2001 30 NOV	£232,000	£247,379	6% below HPI

28 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 28 GRASSMERE sales between November 2001 and February 2008 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 January 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2008 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 28 GRASSMERE?

28 GRASSMERE is 124m² according to the EPC inspection conducted in June 2021. This puts it in the largest 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 28 GRASSMERE lies on this distribution: 67% of detached houses are smaller than 28 GRASSMERE, and 31% of houses are larger. Note that EPC data is not available for all properties in Leybourne.

28 GRASSMERE: Plot and Title Map

28 GRASSMERE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 28 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 28 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 28 GRASSMERE?

28 GRASSMERE is located in LEYBOURNE, in the ME19 postcode district. The below map shows the position of No. 28 on GRASSMERE.