FAIRMILE, STACK LANE, HARTLEY, LONGFIELD, DA3 8BL - £555,000

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

FAIRMILE is a midsized extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £555,000 in October 2020, which was around 33% below the average October 2020 detached price in the Sevenoaks local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

FAIRMILE Sold Prices

Land registry data shows four sales for FAIRMILE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the four FAIRMILE 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
2020 30 OCT	£555,000	£823,228	33% below HPI
2016 26 FEB	£530,000	£724,114	27% below HPI
2001 19 SEP	£250,000	£328,787	24% below HPI
1998 27 NOV	£171,000	£217,662	21% below HPI

FAIRMILE 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 four FAIRMILE sales between November 1998 and October 2020 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 February 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is FAIRMILE?

FAIRMILE is 144m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Hartley, based on EPC data. The below chart shows the distribution of detached houses by size in Hartley, and where FAIRMILE lies on this distribution: 52% of detached houses are smaller than FAIRMILE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hartley.

FAIRMILE: Plot and Title Map

FAIRMILE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of FAIRMILE, 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 FAIRMILE). 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 FAIRMILE?

FAIRMILE is located on STACK LANE in HARTLEY, in the DA3 postcode district. The below map shows the position of FAIRMILE on STACK LANE.