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
6 MERCERS is a very small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £299,000 in September 2002, which was around 15% below the average September 2002 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 6 MERCERS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 6 MERCERS 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 |
---|---|---|---|
2002 6 SEP | £299,000 | £351,755 | 15% below HPI |
1999 29 JAN | £170,000 | £197,593 | 14% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 6 MERCERS sales from January 1999 and September 2002 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 January 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2002 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
6 MERCERS is 108m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Langton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Langton Green, and where 6 MERCERS lies on this distribution: 14% of detached houses are smaller than 6 MERCERS, and 86% of houses are larger. Note that EPC data is not available for all properties in Langton Green.
6 MERCERS sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 6 MERCERS, 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 6 MERCERS). 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.
6 MERCERS is located in LANGTON GREEN, in the TN3 postcode district. The below map shows the position of No. 6 on MERCERS.