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
7 POUND BANK CLOSE is a large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £545,000 in January 2021, which was around 31% below the average January 2021 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 POUND BANK CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two 7 POUND BANK 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 |
---|---|---|---|
2021 29 JAN | £545,000 | £792,392 | 31% below HPI |
1995 18 AUG | £105,000 | £158,820 | 34% below HPI |
The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two 7 POUND BANK CLOSE sales from August 1995 and January 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 August 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
7 POUND BANK CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in West Kingsdown, based on EPC data. The below chart shows the distribution of detached houses by size in West Kingsdown, and where 7 POUND BANK CLOSE lies on this distribution: 71% of detached houses are smaller than 7 POUND BANK CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in West Kingsdown.
7 POUND BANK CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 7 POUND BANK 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 7 POUND BANK 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.
7 POUND BANK CLOSE is located in WEST KINGSDOWN, in the TN15 postcode district. The below map shows the position of No. 7 on POUND BANK CLOSE.