28, WELL ROAD, OTFORD, SEVENOAKS, TN14 5PS - £575,000

28 WELL ROAD is a very small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £575,000 in September 2020, which was around 29% below the average September 2020 detached price in the Sevenoaks local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

28 WELL ROAD Sold Prices

Land registry data shows three sales for 28 WELL ROAD 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. Two of the three 28 WELL ROAD sales were for below the average price, whilst one was 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
2020 1 SEP	£575,000	£808,316	29% below HPI
2018 22 JUN	£340,000	£751,131	55% below HPI
2002 3 JUL	£360,000	£357,725	1% above HPI

28 WELL ROAD 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 28 WELL ROAD sales between July 2002 and September 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 June 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 WELL ROAD?

28 WELL ROAD is 92m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Otford, based on EPC data. The below chart shows the distribution of detached houses by size in Otford, and where 28 WELL ROAD lies on this distribution: 8% of detached houses are smaller than 28 WELL ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Otford.

28 WELL ROAD: Plot and Title Map

28 WELL ROAD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 28 WELL ROAD, 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 28 WELL ROAD). 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 28 WELL ROAD?

28 WELL ROAD is located in OTFORD, in the TN14 postcode district. The below map shows the position of No. 28 on WELL ROAD.