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
8 ALBION DRIVE is a small detached house of 102m². It was last sold for £525,000 in March 2023, which was around 29% below the average March 2023 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 8 ALBION DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 8 ALBION DRIVE 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 |
---|---|---|---|
2023 31 MAR | £525,000 | £736,058 | 29% below HPI |
2016 21 DEC | £425,000 | £586,975 | 28% below HPI |
2014 29 MAY | £339,995 | £449,561 | 24% below 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 three 8 ALBION DRIVE sales between May 2014 and March 2023 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 December 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
8 ALBION DRIVE is 102m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Lunsford, based on EPC data. The below chart shows the distribution of detached houses by size in Lunsford, and where 8 ALBION DRIVE lies on this distribution: 27% of detached houses are smaller than 8 ALBION DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lunsford.
8 ALBION DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 8 ALBION DRIVE, 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 8 ALBION DRIVE). 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.
8 ALBION DRIVE is located in LARKFIELD, in the ME20 postcode district. The below map shows the position of No. 8 on ALBION DRIVE.