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 OLD ORCHARD LANE is a small extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £432,550 in June 2021, which was around 33% below the average June 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 OLD ORCHARD LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four 5 OLD ORCHARD LANE 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 |
---|---|---|---|
2021 28 JUN | £432,550 | £642,204 | 33% below HPI |
2015 20 OCT | £295,000 | £513,422 | 43% below HPI |
2004 26 MAR | £221,000 | £321,414 | 31% below HPI |
1998 21 AUG | £114,000 | £165,178 | 31% below HPI |
The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The four 5 OLD ORCHARD LANE sales between August 1998 and June 2021 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 October 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
5 OLD ORCHARD LANE is 96m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Leybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Leybourne, and where 5 OLD ORCHARD LANE lies on this distribution: 25% of detached houses are smaller than 5 OLD ORCHARD LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Leybourne.
5 OLD ORCHARD LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 OLD ORCHARD 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 OLD ORCHARD 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.
5 OLD ORCHARD LANE is located in LEYBOURNE, in the ME19 postcode district. The below map shows the position of No. 5 on OLD ORCHARD LANE.