SIMLA, LONDON ROAD, SWANLEY, BR8 7AW - £550,000

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

SIMLA is a very large extended detached house of 151m², built sometime between 1930 and 1949. It was last sold for £550,000 in May 2023, which was around 40% below the average May 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

SIMLA Sold Prices

Land registry data shows three sales for SIMLA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the three SIMLA 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
2023 12 MAY	£550,000	£911,855	40% below HPI
2016 19 FEB	£394,000	£724,114	46% below HPI
2000 24 JUL	£168,000	£288,323	42% below HPI

SIMLA 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 three SIMLA sales between July 2000 and May 2023 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 February 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is SIMLA?

SIMLA is 151m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Swanley, based on EPC data. The below chart shows the distribution of detached houses by size in Swanley, and where SIMLA lies on this distribution: 84% of detached houses are smaller than SIMLA, and 15% of houses are larger. Note that EPC data is not available for all properties in Swanley.

SIMLA: Plot and Title Map

SIMLA sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of SIMLA, 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 SIMLA). 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 SIMLA?

SIMLA is located on LONDON ROAD in SWANLEY, in the BR8 postcode district. The below map shows the position of SIMLA on LONDON ROAD.