8, WELLS PLACE, WESTERHAM, TN16 1PZ - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WELLS PLACE is a small detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £923,905. It was last sold for £415,000 in March 2004, which was around 2% below the average March 2004 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

8 WELLS PLACE Sold Prices

Land registry data shows two sales for 8 WELLS PLACE since 1^st 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. One of the two 8 WELLS PLACE sales was for below the average price, whilst the other was roughly equal to 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
2004 9 MAR	£415,000	£424,248	2% below HPI
2001 21 FEB	£306,000	£306,260	Close to HPI

8 WELLS PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two 8 WELLS PLACE sales from February 2001 and March 2004 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 February 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2004 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 WELLS PLACE be worth now?

8 WELLS PLACE might now be worth an estimated £923,905.

This is based on house price inflation of 122.6%, between March 2004 and December 2024, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 122.6% inflationary increase is applied to the most recent sale price for 8 WELLS PLACE of £415,000 on 9th March 2004. For the value to have increased from £415,000 to £923,905 over the nineteen years and three months to December 2024, the following assumptions must hold true:

• The value of 8 WELLS PLACE has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The March 2004 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLS PLACE has not materially changed since March 2004.

How Large is 8 WELLS PLACE?

8 WELLS PLACE is 112m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% of detached houses houses in Westerham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westerham, and where 8 WELLS PLACE lies on this distribution: 27% of detached houses houses are smaller than 8 WELLS PLACE, and 73% of houses are larger. Note that EPC data is not available for all properties in Westerham.

8 WELLS PLACE: Plot and Title Map

8 WELLS PLACE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 WELLS PLACE, 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 WELLS PLACE). 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 WELLS PLACE?

8 WELLS PLACE is located in WESTERHAM, in the TN16 postcode district. The below map shows the position of No. 8 on WELLS PLACE.