15, LAMBE CLOSE, SNODLAND, ME6 5PE - £229,000

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.

15 LAMBE CLOSE is a very small terraced house of 60m², built sometime from 2007 onwards, which could now be worth an estimated £406,185. It was last sold for £229,000 in February 2012, which was around 21% above the average February 2012 terraced price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

15 LAMBE CLOSE Sold Prices

Land registry data shows two sales for 15 LAMBE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 15 LAMBE CLOSE sales were for above 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
2012 21 FEB	£229,000	£189,604	21% above HPI
2008 17 APR	£265,000	£196,651	35% above HPI

15 LAMBE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 15 LAMBE CLOSE sales from April 2008 and February 2012 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 2008 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2012 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 15 LAMBE CLOSE be worth now?

15 LAMBE CLOSE might now be worth an estimated £406,185.

This is based on house price inflation of 77.4%, between February 2012 and June 2025, for terraced 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 77.4% inflationary increase is applied to the most recent sale price for 15 LAMBE CLOSE of £229,000 on 21st February 2012. For the value to have increased from £229,000 to £406,185 over the twelve years and eight months to June 2025, the following assumptions must hold true:

• The value of 15 LAMBE CLOSE has moved in line with the HPI for terraced houses in the Tonbridge and Malling local authority area.
• The February 2012 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAMBE CLOSE has not materially changed since February 2012.

How Large is 15 LAMBE CLOSE?

15 LAMBE CLOSE is 60m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Snodland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Snodland, and where 15 LAMBE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 15 LAMBE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Snodland.

15 LAMBE CLOSE: Plot and Title Map

15 LAMBE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 15 LAMBE 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 15 LAMBE 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 15 LAMBE CLOSE?

15 LAMBE CLOSE is located in SNODLAND, in the ME6 postcode district. The below map shows the position of No. 15 on LAMBE CLOSE.