8, THE MEAD, LEYBOURNE, WEST MALLING, ME19 5QZ - £440,000

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 THE MEAD is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £440,000 in November 2018, which was around 30% below the average November 2018 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

8 THE MEAD Sold Prices

Land registry data shows three sales for 8 THE MEAD since 1^st 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 THE MEAD 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
2018 16 NOV	£440,000	£628,091	30% below HPI
2012 30 JUL	£295,000	£412,825	29% below HPI
2002 26 JUL	£217,500	£281,860	23% below HPI

8 THE MEAD 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 three 8 THE MEAD sales between July 2002 and November 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 July 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 THE MEAD?

8 THE MEAD is 138m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Leybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Leybourne, and where 8 THE MEAD lies on this distribution: 80% of detached houses are smaller than 8 THE MEAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Leybourne.

8 THE MEAD: Plot and Title Map

8 THE MEAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 8 THE MEAD, 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 THE MEAD). 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 THE MEAD?

8 THE MEAD is located in LEYBOURNE, in the ME19 postcode district. The below map shows the position of No. 8 on THE MEAD.