3, SPENCER PLACE, KINGS HILL, WEST MALLING, ME19 4JS - £450,000

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 SPENCER PLACE is a small detached house of 126m², built sometime from 2007 onwards. It was last sold for £450,000 in January 2022, which was around 34% below the average January 2022 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

3 SPENCER PLACE Sold Prices

Land registry data shows three sales for 3 SPENCER PLACE 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 3 SPENCER PLACE 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
2022 7 JAN	£450,000	£683,483	34% below HPI
2013 12 JUL	£349,000	£426,751	18% below HPI
2007 31 OCT	£339,995	£408,469	17% below HPI

3 SPENCER PLACE 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 3 SPENCER PLACE sales between October 2007 and January 2022 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 SPENCER PLACE?

3 SPENCER PLACE is 126m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 SPENCER PLACE lies on this distribution: 32% of detached houses are smaller than 3 SPENCER PLACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

3 SPENCER PLACE: Plot and Title Map

3 SPENCER PLACE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 3 SPENCER PLACE, 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 SPENCER PLACE). 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 SPENCER PLACE?

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