THE HIVE, STACK LANE, HARTLEY, LONGFIELD, DA3 8BL - £620,000

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

THE HIVE is a very small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £620,000 in July 2022, which was around 32% below the average July 2022 detached price in the Sevenoaks local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

THE HIVE Sold Prices

Land registry data shows three sales for THE HIVE 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 THE HIVE 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 7 JUL	£620,000	£909,110	32% below HPI
2014 29 AUG	£425,000	£602,872	30% below HPI
2006 8 DEC	£345,000	£456,808	24% below HPI

THE HIVE 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 THE HIVE sales between December 2006 and July 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 August 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE HIVE?

THE HIVE is 99m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Hartley, based on EPC data. The below chart shows the distribution of detached houses by size in Hartley, and where THE HIVE lies on this distribution: 14% of detached houses are smaller than THE HIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hartley.

THE HIVE: Plot and Title Map

THE HIVE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of THE HIVE, 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 THE HIVE). 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 THE HIVE?

THE HIVE is located on STACK LANE in HARTLEY, in the DA3 postcode district. The below map shows the position of THE HIVE on STACK LANE.