3, MERCERS PLACE, KINGS HILL, WEST MALLING, ME19 4PA - £420,000

3 MERCERS PLACE is a very small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £420,000 in November 2015, which was around 19% below the average November 2015 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

3 MERCERS PLACE Sold Prices

Land registry data shows two sales for 3 MERCERS PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. One of the two 3 MERCERS PLACE sales was for below the average price, whilst the other 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
2015 6 NOV	£420,000	£519,974	19% below HPI
1996 24 MAY	£129,950	£121,603	7% above HPI

3 MERCERS PLACE 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 two 3 MERCERS PLACE sales from May 1996 and November 2015 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 May 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MERCERS PLACE?

3 MERCERS PLACE is 102m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 3 MERCERS PLACE lies on this distribution: 11% of detached houses are smaller than 3 MERCERS PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

3 MERCERS PLACE: Plot and Title Map

3 MERCERS PLACE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 MERCERS PLACE, 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 3 MERCERS PLACE). 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 3 MERCERS PLACE?

3 MERCERS PLACE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 3 on MERCERS PLACE.