5, MORHEN CLOSE, SNODLAND, ME6 5LZ - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MORHEN CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £505,000 in October 2023, which was around 29% below the average October 2023 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

5 MORHEN CLOSE Sold Prices

Land registry data shows two sales for 5 MORHEN CLOSE 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 MORHEN 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
2023 2 OCT	£505,000	£714,375	29% below HPI
2013 15 NOV	£280,000	£427,679	35% below HPI

5 MORHEN CLOSE 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 MORHEN CLOSE sales from November 2013 and October 2023 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 November 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 MORHEN CLOSE?

5 MORHEN CLOSE is 113m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Snodland, based on EPC data. The below chart shows the distribution of detached houses by size in Snodland, and where 5 MORHEN CLOSE lies on this distribution: 49% of detached houses are smaller than 5 MORHEN CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Snodland.

5 MORHEN CLOSE: Plot and Title Map

5 MORHEN CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 5 MORHEN 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 5 MORHEN 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 5 MORHEN CLOSE?

5 MORHEN CLOSE is located in SNODLAND, in the ME6 postcode district. The below map shows the position of No. 5 on MORHEN CLOSE.