31, THE LAKES, LARKFIELD, AYLESFORD, ME20 6SJ - £550,000

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

31 THE LAKES is a large extended detached house of 140m², built sometime between 2003 and 2006. It was last sold for £550,000 in August 2017, which was around 5% below the average August 2017 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

31 THE LAKES Sold Prices

Land registry data shows two sales for 31 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 31 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
2017 31 AUG	£550,000	£577,202	5% below HPI
2004 19 MAR	£372,500	£321,414	16% above HPI

31 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 31 THE LAKES sales from March 2004 and August 2017 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 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 31 THE LAKES?

31 THE LAKES is 140m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 31 THE LAKES lies on this distribution: 79% of detached houses are smaller than 31 THE LAKES, and 20% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

31 THE LAKES: Plot and Title Map

31 THE LAKES sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 31 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 31 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 31 THE LAKES?

31 THE LAKES is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 31 on THE LAKES.