OAK TREE COTTAGE, POWDER MILL LANE, LEIGH, TONBRIDGE, TN11 8QD - £510,000

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 TREE COTTAGE is a very small detached house of 112m². It was last sold for £510,000 in August 2015, which was around 25% below the average August 2015 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

OAK TREE COTTAGE Sold Prices

Land registry data shows two sales for OAK TREE 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 TREE 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
2015 26 AUG	£510,000	£684,006	25% below HPI
2013 14 MAY	£450,000	£536,927	16% below HPI

OAK TREE 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 TREE COTTAGE sales from May 2013 and August 2015 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 May 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 112m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in Leigh, and where OAK TREE COTTAGE lies on this distribution: 19% of detached houses are smaller than OAK TREE COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Leigh.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of OAK TREE 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 TREE 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 TREE COTTAGE?

OAK TREE COTTAGE is located on POWDER MILL LANE in LEIGH, in the TN11 postcode district. The below map shows the position of OAK TREE COTTAGE on POWDER MILL LANE.