MUDDLES COTTAGE, NEW ROAD, PENSHURST, TONBRIDGE, TN11 8EJ - £885,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MUDDLES COTTAGE is a very small extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £885,000 in January 2023, which was around 5% below the average January 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was D.

MUDDLES COTTAGE Sold Prices

Land registry data shows two sales for MUDDLES 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. One of the two MUDDLES COTTAGE sales was for below the average price, whilst the other was 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
2023 6 JAN	£885,000	£936,444	5% below HPI
2006 1 SEP	£470,000	£462,032	2% above HPI

MUDDLES 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 MUDDLES COTTAGE sales from September 2006 and January 2023 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 September 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is MUDDLES COTTAGE?

MUDDLES COTTAGE is 137m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Penshurst, based on EPC data. The below chart shows the distribution of detached houses by size in Penshurst, and where MUDDLES COTTAGE lies on this distribution: 16% of detached houses are smaller than MUDDLES COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penshurst.

MUDDLES COTTAGE: Plot and Title Map

MUDDLES COTTAGE sits on a plot of roughly 0.417 of an acre, or 1,686m². The below map shows the location of MUDDLES 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 MUDDLES 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 MUDDLES COTTAGE?

MUDDLES COTTAGE is located on NEW ROAD in PENSHURST, in the TN11 postcode district. The below map shows the position of MUDDLES COTTAGE on NEW ROAD.