3, THE LAKES, LARKFIELD, AYLESFORD, ME20 6GA - £530,000

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 THE LAKES is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £530,000 in June 2020, which was around 15% below the average June 2020 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE LAKES Sold Prices

Land registry data shows two sales for 3 THE LAKES 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. One of the two 3 THE LAKES sales was for below the average price, whilst the other was 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
2020 26 JUN	£530,000	£622,260	15% below HPI
2002 22 MAR	£310,000	£252,990	23% above HPI

3 THE LAKES 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 THE LAKES sales from March 2002 and June 2020 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 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 THE LAKES?

3 THE LAKES is 170m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 3 THE LAKES lies on this distribution: 94% of detached houses are smaller than 3 THE LAKES, and 5% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

3 THE LAKES: Plot and Title Map

3 THE LAKES sits on a plot of roughly 0.304 of an acre, or 1,229m². The below map shows the location of 3 THE LAKES, 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 THE LAKES). 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 THE LAKES?

3 THE LAKES is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 3 on THE LAKES.