SUMMER COTTAGE, TESTON ROAD, OFFHAM, WEST MALLING, ME19 5NS - £396,000

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

SUMMER COTTAGE is a very small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £396,000 in October 2014, which was around 17% below the average October 2014 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

SUMMER COTTAGE Sold Prices

Land registry data shows five sales for SUMMER COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the five SUMMER 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
2014 24 OCT	£396,000	£477,314	17% below HPI
2008 23 JUL	£290,000	£407,803	29% below HPI
2004 29 OCT	£225,000	£349,351	36% below HPI
2000 28 APR	£129,500	£208,242	38% below HPI
1996 27 JUN	£57,000	£122,100	53% below HPI

SUMMER COTTAGE 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 five SUMMER COTTAGE sales between June 1996 and October 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 July 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is SUMMER COTTAGE?

SUMMER COTTAGE is 98m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Offham, based on EPC data. The below chart shows the distribution of detached houses by size in Offham, and where SUMMER COTTAGE lies on this distribution: 14% of detached houses are smaller than SUMMER COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Offham.

SUMMER COTTAGE: Plot and Title Map

SUMMER COTTAGE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of SUMMER 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 SUMMER 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.

Where is SUMMER COTTAGE?

SUMMER COTTAGE is located on TESTON ROAD in OFFHAM, in the ME19 postcode district. The below map shows the position of SUMMER COTTAGE on TESTON ROAD.