CHALCROFT, OAK FARM LANE, FAIRSEAT, SEVENOAKS, TN15 7JU - £620,000

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.

CHALCROFT is a large detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £731,359. It was last sold for £620,000 in July 2020, which was around 26% below the average July 2020 detached price in the Sevenoaks local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was B.

CHALCROFT Sold Prices

Land registry data shows two sales for CHALCROFT 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. Both of the two CHALCROFT 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
2020 30 JUL	£620,000	£834,193	26% below HPI
2002 16 AUG	£310,000	£384,336	19% below HPI

CHALCROFT 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 CHALCROFT sales from August 2002 and July 2020 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 August 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might CHALCROFT be worth now?

CHALCROFT might now be worth an estimated £731,359.

This is based on house price inflation of 18%, between July 2020 and February 2025, 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 18% inflationary increase is applied to the most recent sale price for CHALCROFT of £620,000 on 30th July 2020. For the value to have increased from £620,000 to £731,359 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of CHALCROFT has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The July 2020 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of CHALCROFT has not materially changed since July 2020.

How Large is CHALCROFT?

CHALCROFT is 156m² according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Culverstone Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Culverstone Green, and where CHALCROFT lies on this distribution: 70% of detached houses houses are smaller than CHALCROFT, and 29% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

CHALCROFT: Plot and Title Map

CHALCROFT sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of CHALCROFT, 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 CHALCROFT). 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 CHALCROFT?

CHALCROFT is located on OAK FARM LANE in FAIRSEAT, in the TN15 postcode district. The below map shows the position of CHALCROFT on OAK FARM LANE.