43, MERCER CLOSE, LARKFIELD, AYLESFORD, ME20 6QY - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 MERCER CLOSE is a very small semi-detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £339,525. It was last sold for £285,000 in May 2019, which was around 20% below the average May 2019 semi-detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was B.

43 MERCER CLOSE Sold Prices

Land registry data shows three sales for 43 MERCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 43 MERCER CLOSE 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
2019 24 MAY	£285,000	£354,652	20% below HPI
2010 27 AUG	£220,000	£230,626	5% below HPI
2003 27 JUN	£159,995	£179,509	11% below HPI

43 MERCER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The three 43 MERCER CLOSE sales between June 2003 and May 2019 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 August 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 43 MERCER CLOSE be worth now?

43 MERCER CLOSE might now be worth an estimated £339,525.

This is based on house price inflation of 19.1%, between May 2019 and February 2025, for semi-detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 43 MERCER CLOSE of £285,000 on 24th May 2019. For the value to have increased from £285,000 to £339,525 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 43 MERCER CLOSE has moved in line with the HPI for semi-detached houses in the Tonbridge and Malling local authority area.
• The May 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 43 MERCER CLOSE has not materially changed since May 2019.

How Large is 43 MERCER CLOSE?

43 MERCER CLOSE is 70m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Lunsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lunsford, and where 43 MERCER CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 43 MERCER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

43 MERCER CLOSE: Plot and Title Map

43 MERCER CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 43 MERCER CLOSE, 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 43 MERCER CLOSE). 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 43 MERCER CLOSE?

43 MERCER CLOSE is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 43 on MERCER CLOSE.