OLD STABLE, OLD PARSONAGE COURT, WEST MALLING, ME19 6NZ - £315,000

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

OLD STABLE is a very small extended detached house of 53m², built sometime between 1996 and 2002. It was last sold for £315,000 in December 2015, which was around 42% below the average December 2015 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

OLD STABLE Sold Prices

Land registry data shows two sales for OLD STABLE 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 OLD STABLE 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 4 DEC	£315,000	£539,307	42% below HPI
2001 12 APR	£155,000	£230,436	33% below HPI

OLD STABLE 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 OLD STABLE sales from April 2001 and December 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 April 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is OLD STABLE?

OLD STABLE is 53m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in West Malling, based on EPC data. The below chart shows the distribution of detached houses by size in West Malling, and where OLD STABLE lies on this distribution: 1% of detached houses are smaller than OLD STABLE, and 99% of houses are larger. Note that EPC data is not available for all properties in West Malling.

OLD STABLE: Plot and Title Map

OLD STABLE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of OLD STABLE, 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 OLD STABLE). 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 OLD STABLE?

OLD STABLE is located on OLD PARSONAGE COURT in WEST MALLING, in the ME19 postcode district. The below map shows the position of OLD STABLE on OLD PARSONAGE COURT.