REDWOODS, MILL LANE, WESTERHAM, TN16 1SG - £1,900,000

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

REDWOODS is a very large extended detached house of 436m², built sometime between 1996 and 2002. It was last sold for £1,900,000 in July 2013, which was around 246% above the average July 2013 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

REDWOODS Sold Prices

Land registry data shows two sales for REDWOODS 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 REDWOODS sales were for above 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
2013 25 JUL	£1,900,000	£548,819	246% above HPI
1998 30 JUN	£325,000	£212,538	53% above HPI

REDWOODS 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 REDWOODS sales from June 1998 and July 2013 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 June 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2013 sale, where it rises to 246% above the HPI. The line then continues to track at 246% above the HPI.

How Large is REDWOODS?

REDWOODS is 436m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Westerham, based on EPC data. The below chart shows the distribution of detached houses by size in Westerham, and where REDWOODS lies on this distribution: 97% of detached houses are smaller than REDWOODS, and 3% of houses are larger. Note that EPC data is not available for all properties in Westerham.

REDWOODS: Plot and Title Map

REDWOODS sits on a plot of roughly 2.7 acres, or 10,864m². The below map shows the location of REDWOODS, 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 REDWOODS). 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 REDWOODS?

REDWOODS is located on MILL LANE in WESTERHAM, in the TN16 postcode district. The below map shows the position of REDWOODS on MILL LANE.