5, LAKE WALK, LARKFIELD, AYLESFORD, ME20 6TB - £515,000

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 LAKE WALK is a large detached house of 134m², built sometime between 2003 and 2006. It was last sold for £515,000 in December 2022, which was around 31% below the average December 2022 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

5 LAKE WALK Sold Prices

Land registry data shows three sales for 5 LAKE WALK 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. Two of the three 5 LAKE WALK 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 16 DEC	£515,000	£744,496	31% below HPI
2015 7 MAY	£430,000	£486,518	12% below HPI
2004 29 OCT	£379,950	£349,351	9% above HPI

5 LAKE WALK 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 LAKE WALK sales between October 2004 and December 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 May 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 LAKE WALK?

5 LAKE WALK is 134m² according to the EPC inspection conducted in June 2014. 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 5 LAKE WALK lies on this distribution: 72% of detached houses are smaller than 5 LAKE WALK, and 27% of houses are larger. Note that EPC data is not available for all properties in Lunsford.

5 LAKE WALK: Plot and Title Map

5 LAKE WALK sits on a plot of roughly 0.381 of an acre, or 1,540m². The below map shows the location of 5 LAKE WALK, 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 LAKE WALK). 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 LAKE WALK?

5 LAKE WALK is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 5 on LAKE WALK.