8, CLEARWAY, ADDINGTON, WEST MALLING, ME19 5BP - £482,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CLEARWAY is a small extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £597,051. It was last sold for £482,500 in April 2017, which was around 13% below the average April 2017 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 CLEARWAY Sold Prices

Land registry data shows four sales for 8 CLEARWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four 8 CLEARWAY 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
2017 28 APR	£482,500	£553,746	13% below HPI
2013 12 DEC	£345,000	£415,013	17% below HPI
2007 30 MAR	£280,000	£360,653	22% below HPI
2006 28 JUL	£260,000	£355,511	27% below HPI

8 CLEARWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The four 8 CLEARWAY sales between July 2006 and April 2017 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 CLEARWAY be worth now?

8 CLEARWAY might now be worth an estimated £597,051.

This is based on house price inflation of 23.7%, between April 2017 and June 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 8 CLEARWAY of £482,500 on 28th April 2017. For the value to have increased from £482,500 to £597,051 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of 8 CLEARWAY has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The April 2017 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CLEARWAY has not materially changed since April 2017.

How Large is 8 CLEARWAY?

8 CLEARWAY is 138m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses houses in Wrotham Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrotham Heath, and where 8 CLEARWAY lies on this distribution: 33% of detached houses houses are smaller than 8 CLEARWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Wrotham Heath.

8 CLEARWAY: Plot and Title Map

8 CLEARWAY sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 8 CLEARWAY, 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 CLEARWAY). 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 8 CLEARWAY?

8 CLEARWAY is located in ADDINGTON, in the ME19 postcode district. The below map shows the position of No. 8 on CLEARWAY.