ELM BUNGALOW, ELM LANE, TONBRIDGE, TN10 3DR - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ELM BUNGALOW is a very small extended detached house of 73m², built sometime between 2003 and 2006. It was last sold for £460,000 in February 2023, which was around 37% below the average February 2023 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

ELM BUNGALOW Sold Prices

Land registry data shows two sales for ELM BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two ELM BUNGALOW 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 7 FEB	£460,000	£729,611	37% below HPI
2021 19 NOV	£400,000	£665,794	40% below HPI

ELM BUNGALOW 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 two ELM BUNGALOW sales from November 2021 and February 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 November 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is ELM BUNGALOW?

ELM BUNGALOW is 73m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Tonbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Tonbridge, and where ELM BUNGALOW lies on this distribution: 5% of detached houses are smaller than ELM BUNGALOW, and 95% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.

ELM BUNGALOW: Plot and Title Map

ELM BUNGALOW sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of ELM BUNGALOW, 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 ELM BUNGALOW). 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 ELM BUNGALOW?

ELM BUNGALOW is located on ELM LANE in TONBRIDGE, in the TN10 postcode district. The below map shows the position of ELM BUNGALOW on ELM LANE.