OAK COTTAGE, FAIRMEAD ROAD, EDENBRIDGE, TN8 6JR - £770,000

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.

OAK COTTAGE is a midsized extended detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £779,873. It was last sold for £770,000 in August 2022, which was around 21% below the average August 2022 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK 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 OAK 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
2022 3 AUG	£770,000	£971,566	21% below HPI
1998 11 SEP	£200,000	£232,774	14% below HPI

OAK 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 OAK COTTAGE sales from September 1998 and August 2022 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 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £779,873.

This is based on house price inflation of 1.3%, between August 2022 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 1.3% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £770,000 on 3rd August 2022. For the value to have increased from £770,000 to £779,873 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The August 2022 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since August 2022.

How Large is OAK COTTAGE?

OAK COTTAGE is 124m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Marlpit Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marlpit Hill, and where OAK COTTAGE lies on this distribution: 50% of detached houses houses are smaller than OAK COTTAGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Marlpit Hill.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on FAIRMEAD ROAD in EDENBRIDGE, in the TN8 postcode district. The below map shows the position of OAK COTTAGE on FAIRMEAD ROAD.