MERCHANT HOUSE, STATION ROAD, STAPLEHURST, TONBRIDGE, TN12 0QH - £595,000

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.

MERCHANT HOUSE is a very large detached house of 175m², which could now be worth an estimated £701,977. It was last sold for £595,000 in July 2020, which was around 11% above the average July 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.

MERCHANT HOUSE Sold Prices

Land registry data shows two sales for MERCHANT HOUSE 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. One of the two MERCHANT HOUSE sales was for above the average price, whilst the other was 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
2020 27 JUL	£595,000	£538,160	11% above HPI
2018 3 AUG	£275,000	£549,074	50% below HPI

MERCHANT HOUSE 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 MERCHANT HOUSE sales from August 2018 and July 2020 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 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might MERCHANT HOUSE be worth now?

MERCHANT HOUSE might now be worth an estimated £701,977.

This is based on house price inflation of 18%, between July 2020 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 18% inflationary increase is applied to the most recent sale price for MERCHANT HOUSE of £595,000 on 27th July 2020. For the value to have increased from £595,000 to £701,977 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of MERCHANT HOUSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of MERCHANT HOUSE has not materially changed since July 2020.

How Large is MERCHANT HOUSE?

MERCHANT HOUSE is 175m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 MERCHANT HOUSE lies on this distribution: 86% of detached houses houses are smaller than MERCHANT HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Staplehurst.

MERCHANT HOUSE: Plot and Title Map

MERCHANT HOUSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of MERCHANT HOUSE, 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 MERCHANT HOUSE). 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 MERCHANT HOUSE?

MERCHANT HOUSE is located on STATION ROAD in STAPLEHURST, in the TN12 postcode district. The below map shows the position of MERCHANT HOUSE on STATION ROAD.