5, GRIGGS WAY, BOROUGH GREEN, SEVENOAKS, TN15 8HW - £372,000

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 GRIGGS WAY is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £372,000 in April 2014, which was around 17% below the average April 2014 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

5 GRIGGS WAY Sold Prices

Land registry data shows three sales for 5 GRIGGS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 5 GRIGGS WAY 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
2014 30 APR	£372,000	£446,663	17% below HPI
2003 18 MAR	£302,000	£304,883	1% below HPI
2001 5 JUL	£219,500	£236,344	7% below HPI

5 GRIGGS WAY 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 three 5 GRIGGS WAY sales between July 2001 and April 2014 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 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 GRIGGS WAY?

5 GRIGGS WAY is 115m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Borough Green, based on EPC data. The below chart shows the distribution of detached houses by size in Borough Green, and where 5 GRIGGS WAY lies on this distribution: 56% of detached houses are smaller than 5 GRIGGS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Borough Green.

5 GRIGGS WAY: Plot and Title Map

5 GRIGGS WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 5 GRIGGS WAY, 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 GRIGGS WAY). 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 GRIGGS WAY?

5 GRIGGS WAY is located in BOROUGH GREEN, in the TN15 postcode district. The below map shows the position of No. 5 on GRIGGS WAY.