5, GILLETTS LANE, EAST MALLING, WEST MALLING, ME19 6AS - £445,000

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

5 GILLETTS LANE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £445,000 in March 2010, which was around 16% above the average March 2010 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

5 GILLETTS LANE Sold Prices

Land registry data shows two sales for 5 GILLETTS LANE 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. Both of the two 5 GILLETTS LANE sales were 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
2010 12 MAR	£445,000	£384,042	16% above HPI
2004 24 AUG	£445,000	£339,257	31% above HPI

5 GILLETTS LANE 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 5 GILLETTS LANE sales from August 2004 and March 2010 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 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2010 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 GILLETTS LANE?

5 GILLETTS LANE is 123m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in East Malling, based on EPC data. The below chart shows the distribution of detached houses by size in East Malling, and where 5 GILLETTS LANE lies on this distribution: 58% of detached houses are smaller than 5 GILLETTS LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in East Malling.

5 GILLETTS LANE: Plot and Title Map

5 GILLETTS LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 5 GILLETTS LANE, 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 5 GILLETTS LANE). 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 5 GILLETTS LANE?

5 GILLETTS LANE is located in EAST MALLING, in the ME19 postcode district. The below map shows the position of No. 5 on GILLETTS LANE.