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 LANE is a very small extended detached house of 124m², built sometime before 1900. It was last sold for £780,000 in March 2018, which was about the average March 2018 detached price in the Sevenoaks local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 POUND LANE since 1st 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. The four 7 POUND LANE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2018 26 MAR | £780,000 | £779,243 | Close to HPI |
2010 14 MAY | £615,000 | £485,143 | 27% above HPI |
2006 10 FEB | £433,000 | £432,586 | Close to HPI |
1999 29 JAN | £170,000 | £213,539 | 20% below HPI |
The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The four 7 POUND LANE sales between January 1999 and March 2018 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 May 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 POUND LANE is 124m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks, and where 7 POUND LANE lies on this distribution: 17% of detached houses are smaller than 7 POUND LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
7 POUND LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 7 POUND 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 7 POUND 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.
7 POUND LANE is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 7 on POUND LANE.