CORALS, BEECHENLEA LANE, SWANLEY, BR8 8DP - £300,000

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

CORALS is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £300,000 in August 2014, which was around 50% below the average August 2014 detached price in the Sevenoaks local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

CORALS Sold Prices

Land registry data shows three sales for CORALS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the three CORALS 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
2014 29 AUG	£300,000	£602,872	50% below HPI
2005 15 MAR	£250,000	£442,654	44% below HPI
2000 1 MAR	£157,000	£265,810	41% below HPI

CORALS 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 three CORALS sales between March 2000 and August 2014 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 March 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is CORALS?

CORALS is 95m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Swanley, based on EPC data. The below chart shows the distribution of detached houses by size in Swanley, and where CORALS lies on this distribution: 28% of detached houses are smaller than CORALS, and 70% of houses are larger. Note that EPC data is not available for all properties in Swanley.

CORALS: Plot and Title Map

CORALS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of CORALS, 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 CORALS). 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 CORALS?

CORALS is located on BEECHENLEA LANE in SWANLEY, in the BR8 postcode district. The below map shows the position of CORALS on BEECHENLEA LANE.