42, WELL ROAD, OTFORD, SEVENOAKS, TN14 5PT - £910,000

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

42 WELL ROAD is a small extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £910,000 in August 2022, which was around 1% below the average August 2022 detached price in the Sevenoaks local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

42 WELL ROAD Sold Prices

Land registry data shows three sales for 42 WELL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Two of the three 42 WELL ROAD sales were for below the average price, whilst one 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
2022 20 AUG	£910,000	£922,318	1% below HPI
2008 30 JUN	£560,000	£495,555	13% above HPI
2007 23 MAY	£385,000	£485,830	21% below HPI

42 WELL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The three 42 WELL ROAD sales between May 2007 and August 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 June 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 42 WELL ROAD?

42 WELL ROAD is 132m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Otford, based on EPC data. The below chart shows the distribution of detached houses by size in Otford, and where 42 WELL ROAD lies on this distribution: 39% of detached houses are smaller than 42 WELL ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Otford.

42 WELL ROAD: Plot and Title Map

42 WELL ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 42 WELL ROAD, 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 42 WELL ROAD). 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 42 WELL ROAD?

42 WELL ROAD is located in OTFORD, in the TN14 postcode district. The below map shows the position of No. 42 on WELL ROAD.