CHESMERE, COMMON ROAD, IGHTHAM, SEVENOAKS, TN15 9EB - £865,000

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.

CHESMERE is a very small extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £932,142. It was last sold for £865,000 in September 2021, which was around 35% above the average September 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

CHESMERE Sold Prices

Land registry data shows five sales for CHESMERE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Most of the five CHESMERE sales were for above 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
2021 29 SEP	£865,000	£638,799	35% above HPI
2011 22 NOV	£410,000	£388,596	6% above HPI
2004 30 JUN	£350,000	£322,832	8% above HPI
2001 19 JUN	£280,000	£226,780	23% above HPI
1995 11 JUL	£112,000	£116,346	4% below HPI

CHESMERE 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 five CHESMERE sales between July 1995 and September 2021 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 November 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might CHESMERE be worth now?

CHESMERE might now be worth an estimated £932,142.

This is based on house price inflation of 7.8%, between September 2021 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for CHESMERE of £865,000 on 29th September 2021. For the value to have increased from £865,000 to £932,142 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of CHESMERE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The September 2021 sale price of £865,000 represented a fair market value for the property.
• The size, condition, and specification of CHESMERE has not materially changed since September 2021.

How Large is CHESMERE?

CHESMERE is 144m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Ightham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ightham, and where CHESMERE lies on this distribution: 17% of detached houses houses are smaller than CHESMERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ightham.

CHESMERE: Plot and Title Map

CHESMERE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of CHESMERE, 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 CHESMERE). 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 CHESMERE?

CHESMERE is located on COMMON ROAD in IGHTHAM, in the TN15 postcode district. The below map shows the position of CHESMERE on COMMON ROAD.