GRASMERE, BOROUGH GREEN ROAD, IGHTHAM, SEVENOAKS, TN15 9HS - £620,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRASMERE is a small detached house of 159m², built sometime between 1930 and 1949, which could now be worth an estimated £699,301. It was last sold for £620,000 in March 2021, which was around 2% above the average March 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

GRASMERE Sold Prices

Land registry data shows two sales for GRASMERE 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 GRASMERE 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
2021 19 MAR	£620,000	£610,320	2% above HPI
1997 12 NOV	£148,000	£144,913	2% above HPI

GRASMERE 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 GRASMERE sales from November 1997 and March 2021 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 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, which was also at 2% above the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £699,301.

This is based on house price inflation of 12.8%, between March 2021 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for GRASMERE of £620,000 on 19th March 2021. For the value to have increased from £620,000 to £699,301 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The March 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since March 2021.

How Large is GRASMERE?

GRASMERE is 159m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses houses in Ightham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ightham, and where GRASMERE lies on this distribution: 26% of detached houses houses are smaller than GRASMERE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ightham.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on BOROUGH GREEN ROAD in IGHTHAM, in the TN15 postcode district. The below map shows the position of GRASMERE on BOROUGH GREEN ROAD.