RIVERMEDE, PENSHURST ROAD, LEIGH, TONBRIDGE, TN11 8HL - £690,000

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

RIVERMEDE is a small extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £690,000 in July 2014, which was around 14% above the average July 2014 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

RIVERMEDE Sold Prices

Land registry data shows two sales for RIVERMEDE 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. One of the two RIVERMEDE sales was for above the average price, whilst the other was 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
2014 14 JUL	£690,000	£605,628	14% above HPI
2002 15 APR	£320,000	£336,887	5% below HPI

RIVERMEDE 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 RIVERMEDE sales from April 2002 and July 2014 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is RIVERMEDE?

RIVERMEDE is 131m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in Leigh, and where RIVERMEDE lies on this distribution: 30% of detached houses are smaller than RIVERMEDE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leigh.

RIVERMEDE: Plot and Title Map

RIVERMEDE sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of RIVERMEDE, 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 RIVERMEDE). 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 RIVERMEDE?

RIVERMEDE is located on PENSHURST ROAD in LEIGH, in the TN11 postcode district. The below map shows the position of RIVERMEDE on PENSHURST ROAD.