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
3 PARK LANE is a large detached house of 239m², built sometime before 1900. It was last sold for £1,100,000 in May 2023, which was around 21% above the average May 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2023, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows two sales for 3 PARK 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 3 PARK 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 |
---|---|---|---|
2023 12 MAY | £1,100,000 | £911,855 | 21% above HPI |
1995 31 MAR | £370,000 | £157,048 | 136% 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 3 PARK LANE sales from March 1995 and May 2023 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 March 1995 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the May 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.
3 PARK LANE is 239m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks, and where 3 PARK LANE lies on this distribution: 72% of detached houses are smaller than 3 PARK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
3 PARK LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 3 PARK 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 3 PARK 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.
3 PARK LANE is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 3 on PARK LANE.