LANE COTTAGE, SWAN LANE, EDENBRIDGE, TN8 6BA - £422,500

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

LANE COTTAGE is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £422,500 in August 2019, which was around 45% below the average August 2019 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

LANE COTTAGE Sold Prices

Land registry data shows two sales for LANE 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 Sevenoaks local authority area for the corresponding sale date. Both of the two LANE COTTAGE 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
2019 27 AUG	£422,500	£761,587	45% below HPI
2002 24 APR	£220,000	£336,887	35% below HPI

LANE COTTAGE 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 LANE COTTAGE sales from April 2002 and August 2019 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 April 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is LANE COTTAGE?

LANE COTTAGE is 72m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Marlpit Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Marlpit Hill, and where LANE COTTAGE lies on this distribution: 1% of detached houses are smaller than LANE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Marlpit Hill.

LANE COTTAGE: Plot and Title Map

LANE COTTAGE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of LANE 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 LANE 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 LANE COTTAGE?

LANE COTTAGE is located on SWAN LANE in EDENBRIDGE, in the TN8 postcode district. The below map shows the position of LANE COTTAGE on SWAN LANE.