12, PLATT MILL CLOSE, PLATT, SEVENOAKS, TN15 8LR - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PLATT MILL CLOSE is a small detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £591,375. It was last sold for £550,000 in September 2021, which was around 14% below the average September 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

12 PLATT MILL CLOSE Sold Prices

Land registry data shows four sales for 12 PLATT MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Most of the four 12 PLATT MILL CLOSE 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
2021 23 SEP	£550,000	£638,799	14% below HPI
2017 10 APR	£470,000	£553,746	15% below HPI
2004 3 DEC	£375,000	£335,567	12% above HPI
2002 15 MAR	£242,500	£245,136	1% below HPI

12 PLATT MILL CLOSE 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 four 12 PLATT MILL CLOSE sales between March 2002 and September 2021 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12 PLATT MILL CLOSE be worth now?

12 PLATT MILL CLOSE might now be worth an estimated £591,375.

This is based on house price inflation of 7.5%, between September 2021 and May 2026, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.5% inflationary increase is applied to the most recent sale price for 12 PLATT MILL CLOSE of £550,000 on 23rd September 2021. For the value to have increased from £550,000 to £591,375 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 12 PLATT MILL CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The September 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PLATT MILL CLOSE has not materially changed since September 2021.

How Large is 12 PLATT MILL CLOSE?

12 PLATT MILL CLOSE is 117m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses houses in Platt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Platt, and where 12 PLATT MILL CLOSE lies on this distribution: 21% of detached houses houses are smaller than 12 PLATT MILL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Platt.

12 PLATT MILL CLOSE: Plot and Title Map

12 PLATT MILL CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 12 PLATT MILL CLOSE, 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 12 PLATT MILL CLOSE). 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 12 PLATT MILL CLOSE?

12 PLATT MILL CLOSE is located in PLATT, in the TN15 postcode district. The below map shows the position of No. 12 on PLATT MILL CLOSE.