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 SHOESMITH LANE is a midsized detached house of 148m², built sometime between 2007 and 2011. It was last sold for £580,000 in August 2024, which was around 19% below the average August 2024 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 SHOESMITH LANE since 1st 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. One of the two 5 SHOESMITH LANE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2024 2 AUG | £580,000 | £712,378 | 19% below HPI |
2010 22 OCT | £445,000 | £396,712 | 12% above 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 two 5 SHOESMITH LANE sales from October 2010 and August 2024 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
5 SHOESMITH LANE is 148m² according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 5 SHOESMITH LANE lies on this distribution: 55% of detached houses are smaller than 5 SHOESMITH LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.
5 SHOESMITH LANE sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of 5 SHOESMITH 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 SHOESMITH 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 SHOESMITH LANE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 5 on SHOESMITH LANE.