OAK COTTAGE, LONDON ROAD, WROTHAM HEATH, SEVENOAKS, TN15 7RX - £455,000

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

OAK COTTAGE is a small extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £455,000 in February 2021, which was around 28% below the average February 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

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 Tonbridge and Malling 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
2021 15 FEB	£455,000	£627,826	28% below HPI
2019 19 JUL	£358,000	£618,685	42% below HPI

OAK 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 OAK COTTAGE sales from July 2019 and February 2021 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 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 138m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Wrotham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Wrotham Heath, and where OAK COTTAGE lies on this distribution: 33% of detached houses are smaller than OAK COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wrotham Heath.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.072 of an acre, or 293m². 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 LONDON ROAD in WROTHAM HEATH, in the TN15 postcode district. The below map shows the position of OAK COTTAGE on LONDON ROAD.