ELM WAY, ELM LANE, TONBRIDGE, TN10 3DR - £680,000

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 WAY is a midsized detached house of 134m², built sometime between 1930 and 1949. It was last sold for £680,000 in December 2019, which was around 10% above the average December 2019 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

ELM WAY Sold Prices

Land registry data shows four sales for ELM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four ELM WAY 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
2019 20 DEC	£680,000	£616,977	10% above HPI
2007 6 JUL	£495,000	£402,171	23% above HPI
2000 1 DEC	£265,000	£223,647	18% above HPI
1999 21 JUN	£232,500	£181,178	28% above HPI

ELM WAY 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 four ELM WAY sales between June 1999 and December 2019 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 July 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is ELM WAY?

ELM WAY is 134m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% 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 WAY lies on this distribution: 51% of detached houses are smaller than ELM WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.

ELM WAY: Plot and Title Map

ELM WAY sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of ELM WAY, 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 WAY). 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 WAY?

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