BANKSIDE, LONDON ROAD, WESTERHAM, TN16 1DR - £1,050,000

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

BANKSIDE is a large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £1,050,000 in January 2023, which was around 12% above the average January 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows five sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Most of the five BANKSIDE 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 16 JAN	£1,050,000	£936,444	12% above HPI
2018 5 JUN	£380,000	£751,131	49% below HPI
2002 25 OCT	£210,000	£364,901	42% below HPI
1999 15 DEC	£175,000	£259,476	33% below HPI
1998 17 JUL	£149,950	£214,206	30% below HPI

BANKSIDE 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 five BANKSIDE sales between July 1998 and January 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 June 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is BANKSIDE?

BANKSIDE is 196m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Westerham, based on EPC data. The below chart shows the distribution of detached houses by size in Westerham, and where BANKSIDE lies on this distribution: 73% of detached houses are smaller than BANKSIDE, and 27% of houses are larger. Note that EPC data is not available for all properties in Westerham.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on LONDON ROAD in WESTERHAM, in the TN16 postcode district. The below map shows the position of BANKSIDE on LONDON ROAD.