GRASMERE, STATION ROAD, STAPLEHURST, TONBRIDGE, TN12 0PZ - £308,332

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 large extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £359,220. It was last sold for £308,332 in February 2018, which was around 43% below the average February 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

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 Maidstone local authority area for the corresponding sale date. Both of the two GRASMERE 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
2018 15 FEB	£308,332	£544,974	43% below HPI
2003 4 AUG	£229,000	£305,834	25% below HPI

GRASMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two GRASMERE sales from August 2003 and February 2018 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 August 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £359,220.

This is based on house price inflation of 16.5%, between February 2018 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for GRASMERE of £308,332 on 15th February 2018. For the value to have increased from £308,332 to £359,220 over the seven years 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 Maidstone local authority area.
• The February 2018 sale price of £308,332 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since February 2018.

How Large is GRASMERE?

GRASMERE is 143m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Staplehurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Staplehurst, and where GRASMERE lies on this distribution: 71% of detached houses houses are smaller than GRASMERE, and 26% of houses are larger. Note that EPC data is not available for all properties in Staplehurst.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.163 of an acre, or 658m². 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 STATION ROAD in STAPLEHURST, in the TN12 postcode district. The below map shows the position of GRASMERE on STATION ROAD.