54B, LONDON ROAD, RIVERHEAD, SEVENOAKS, TN13 2DJ - £537,000

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

54B LONDON ROAD is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £537,000 in June 2024, which was around 40% below the average June 2024 detached price in the Sevenoaks local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

54B LONDON ROAD Sold Prices

Land registry data shows four sales for 54B LONDON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the four 54B LONDON ROAD 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
2024 5 JUN	£537,000	£901,004	40% below HPI
2013 27 SEP	£334,950	£548,804	39% below HPI
2005 21 OCT	£215,000	£441,548	51% below HPI
2002 15 MAY	£175,000	£340,241	49% below HPI

54B LONDON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The four 54B LONDON ROAD sales between May 2002 and June 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 September 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 54B LONDON ROAD?

54B LONDON ROAD is 58m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks, and where 54B LONDON ROAD lies on this distribution: 1% of detached houses are smaller than 54B LONDON ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.

54B LONDON ROAD: Plot and Title Map

54B LONDON ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 54B LONDON ROAD, 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 54B LONDON ROAD). 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 54B LONDON ROAD?

54B LONDON ROAD is located in RIVERHEAD, in the TN13 postcode district. The below map shows the position of No. 54B on LONDON ROAD.