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
8 STANHOPE WAY is a very small extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £848,000 in October 2023, which was around 8% below the average October 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 STANHOPE WAY 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 8 STANHOPE WAY 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 26 OCT | £848,000 | £923,089 | 8% below HPI |
2002 18 JAN | £292,000 | £334,906 | 13% 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 8 STANHOPE WAY sales from January 2002 and October 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 January 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
8 STANHOPE WAY is 124m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 8 STANHOPE WAY lies on this distribution: 17% of detached houses are smaller than 8 STANHOPE WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
8 STANHOPE WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 8 STANHOPE WAY, 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 STANHOPE WAY). 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 STANHOPE WAY is located in SEVENOAKS, in the TN13 postcode district. The below map shows the position of No. 8 on STANHOPE WAY.