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
FLAT 5 OAK LODGE is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £242,000 in August 2005, which was around 44% below the average August 2005 detached price in the Sevenoaks local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for FLAT 5 OAK LODGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two FLAT 5 OAK LODGE 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 |
---|---|---|---|
2005 31 AUG | £242,000 | £431,489 | 44% below HPI |
1999 10 DEC | £160,000 | £259,476 | 38% below HPI |
The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two FLAT 5 OAK LODGE sales from December 1999 and August 2005 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 December 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2005 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
FLAT 5 OAK LODGE is 87m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Sevenoaks, based on EPC data. The below chart shows the distribution of detached houses by size in Sevenoaks, and where FLAT 5 OAK LODGE lies on this distribution: 4% of detached houses are smaller than FLAT 5 OAK LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sevenoaks.
FLAT 5 OAK LODGE sits on a plot of roughly 0.376 of an acre, or 1,522m². The below map shows the location of FLAT 5 OAK LODGE, 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 FLAT 5 OAK LODGE). 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.
FLAT 5, OAK LODGE is located on GRANVILLE ROAD in SEVENOAKS, in the TN13 postcode district. The below map shows the position of FLAT 5, OAK LODGE on GRANVILLE ROAD.