CHERRYLEA, THORN ROAD, MARDEN, TONBRIDGE, TN12 9EJ - £355,000

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.

CHERRYLEA is a very small detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £524,492. It was last sold for £355,000 in March 2015, which was around 17% below the average March 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

CHERRYLEA Sold Prices

Land registry data shows two sales for CHERRYLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two CHERRYLEA 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
2015 30 MAR	£355,000	£429,741	17% below HPI
2000 7 DEC	£170,000	£205,331	17% below HPI

CHERRYLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two CHERRYLEA sales from December 2000 and March 2015 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 December 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2015 sale, which was also at 17% below the HPI.

What might CHERRYLEA be worth now?

CHERRYLEA might now be worth an estimated £524,492.

This is based on house price inflation of 47.7%, between March 2015 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.7% inflationary increase is applied to the most recent sale price for CHERRYLEA of £355,000 on 30th March 2015. For the value to have increased from £355,000 to £524,492 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of CHERRYLEA has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYLEA has not materially changed since March 2015.

How Large is CHERRYLEA?

CHERRYLEA is 88m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Marden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marden, and where CHERRYLEA lies on this distribution: 3% of detached houses houses are smaller than CHERRYLEA, and 97% of houses are larger. Note that EPC data is not available for all properties in Marden.

CHERRYLEA: Plot and Title Map

CHERRYLEA sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of CHERRYLEA, 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 CHERRYLEA). 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 CHERRYLEA?

CHERRYLEA is located on THORN ROAD in MARDEN, in the TN12 postcode district. The below map shows the position of CHERRYLEA on THORN ROAD.