3, CLARENCE WAY, KINGS HILL, WEST MALLING, ME19 4QT - £415,000

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

3 CLARENCE WAY is a very small detached house of 97m². It was last sold for £415,000 in May 2018, which was around 30% below the average May 2018 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 CLARENCE WAY Sold Prices

Land registry data shows two sales for 3 CLARENCE 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 3 CLARENCE 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
2018 22 MAY	£415,000	£593,077	30% below HPI
2015 30 JUL	£349,995	£505,170	31% below HPI

3 CLARENCE 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 3 CLARENCE WAY sales from July 2015 and May 2018 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 July 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 CLARENCE WAY?

3 CLARENCE WAY is 97m² according to the EPC inspection conducted in July 2017. 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 3 CLARENCE WAY lies on this distribution: 8% of detached houses are smaller than 3 CLARENCE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

3 CLARENCE WAY: Plot and Title Map

3 CLARENCE WAY sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 3 CLARENCE 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 3 CLARENCE 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 3 CLARENCE WAY?

3 CLARENCE WAY is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 3 on CLARENCE WAY.