2, GRASSMERE, LEYBOURNE, WEST MALLING, ME19 5QP - £336,500

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.

2 GRASSMERE is a small extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £368,970. It was last sold for £336,500 in November 2020, which was around 46% below the average November 2020 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 GRASSMERE Sold Prices

Land registry data shows three sales for 2 GRASSMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 2 GRASSMERE 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
2020 20 NOV	£336,500	£628,364	46% below HPI
2007 2 NOV	£234,995	£393,529	40% below HPI
2000 22 MAY	£144,000	£202,636	29% below HPI

2 GRASSMERE 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 three 2 GRASSMERE sales between May 2000 and November 2020 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 November 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 GRASSMERE be worth now?

2 GRASSMERE might now be worth an estimated £368,970.

This is based on house price inflation of 9.6%, between November 2020 and April 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 9.6% inflationary increase is applied to the most recent sale price for 2 GRASSMERE of £336,500 on 20th November 2020. For the value to have increased from £336,500 to £368,970 over the six years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 GRASSMERE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The November 2020 sale price of £336,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GRASSMERE has not materially changed since November 2020.

How Large is 2 GRASSMERE?

2 GRASSMERE is 101m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses houses in Leybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leybourne, and where 2 GRASSMERE lies on this distribution: 34% of detached houses houses are smaller than 2 GRASSMERE, and 63% of houses are larger. Note that EPC data is not available for all properties in Leybourne.

2 GRASSMERE: Plot and Title Map

2 GRASSMERE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 GRASSMERE, 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 2 GRASSMERE). 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 2 GRASSMERE?

2 GRASSMERE is located in LEYBOURNE, in the ME19 postcode district. The below map shows the position of No. 2 on GRASSMERE.