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
PLATT MILL COTTAGE is a midsized extended detached house of 139m², built sometime before 1900. It was last sold for £650,000 in August 2022, which was around 11% below the average August 2022 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for PLATT MILL COTTAGE since 1st 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 PLATT MILL 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 19 AUG | £650,000 | £729,733 | 11% below HPI |
2011 31 MAY | £285,000 | £395,334 | 28% below HPI |
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 PLATT MILL COTTAGE sales from May 2011 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 May 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
PLATT MILL COTTAGE is 139m², which includes four extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Platt, based on EPC data. The below chart shows the distribution of detached houses by size in Platt, and where PLATT MILL COTTAGE lies on this distribution: 41% of detached houses are smaller than PLATT MILL COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Platt.
PLATT MILL COTTAGE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of PLATT MILL 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 PLATT MILL 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.
PLATT MILL COTTAGE is located on MAIDSTONE ROAD in PLATT, in the TN15 postcode district. The below map shows the position of PLATT MILL COTTAGE on MAIDSTONE ROAD.