HOPE COTTAGE, COMMON ROAD, IGHTHAM, SEVENOAKS, TN15 9AY - £850,000

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

HOPE COTTAGE is a very small extended detached house of 139m², built sometime before 1900. It was last sold for £850,000 in July 2017, which was around 47% above the average July 2017 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE COTTAGE 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 HOPE COTTAGE 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
2017 27 JUL	£850,000	£578,105	47% above HPI
2009 24 JUL	£470,000	£347,033	35% above HPI

HOPE COTTAGE 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 HOPE COTTAGE sales from July 2009 and July 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 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2017 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 139m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Ightham, based on EPC data. The below chart shows the distribution of detached houses by size in Ightham, and where HOPE COTTAGE lies on this distribution: 16% of detached houses are smaller than HOPE COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ightham.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.725 of an acre, or 2,936m². The below map shows the location of HOPE COTTAGE, 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 HOPE COTTAGE). 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 HOPE COTTAGE?

HOPE COTTAGE is located on COMMON ROAD in IGHTHAM, in the TN15 postcode district. The below map shows the position of HOPE COTTAGE on COMMON ROAD.