HOLLY BANK, FOUR ELMS ROAD, EDENBRIDGE, TN8 6AE - £540,000

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.

HOLLY BANK is a midsized extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £690,667. It was last sold for £540,000 in February 2017, which was around 30% below the average February 2017 detached price in the Sevenoaks local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK since 1^st 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 HOLLY BANK 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
2017 1 FEB	£540,000	£769,361	30% below HPI
2002 10 JUL	£305,000	£376,827	19% below HPI

HOLLY BANK 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 two HOLLY BANK sales from July 2002 and February 2017 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might HOLLY BANK be worth now?

HOLLY BANK might now be worth an estimated £690,667.

This is based on house price inflation of 27.9%, between February 2017 and February 2025, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.9% inflationary increase is applied to the most recent sale price for HOLLY BANK of £540,000 on 1st February 2017. For the value to have increased from £540,000 to £690,667 over the eight years to February 2025, the following assumptions must hold true:

• The value of HOLLY BANK has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The February 2017 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY BANK has not materially changed since February 2017.

How Large is HOLLY BANK?

HOLLY BANK is 122m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Edenbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edenbridge, and where HOLLY BANK lies on this distribution: 43% of detached houses houses are smaller than HOLLY BANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Edenbridge.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on FOUR ELMS ROAD in EDENBRIDGE, in the TN8 postcode district. The below map shows the position of HOLLY BANK on FOUR ELMS ROAD.