3, SPENCER PLACE, KINGS HILL, WEST MALLING, ME19 4JS - £450,000

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.

3 SPENCER PLACE is a small detached house of 126m², built sometime from 2007 onwards, which could now be worth an estimated £465,594. It was last sold for £450,000 in January 2022, which was around 32% below the average January 2022 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

3 SPENCER PLACE Sold Prices

Land registry data shows three sales for 3 SPENCER PLACE 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 3 SPENCER PLACE 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
2022 7 JAN	£450,000	£662,262	32% below HPI
2013 12 JUL	£349,000	£413,502	16% below HPI
2007 31 OCT	£339,995	£395,787	14% below HPI

3 SPENCER 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 three 3 SPENCER PLACE sales between October 2007 and January 2022 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 July 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 SPENCER PLACE be worth now?

3 SPENCER PLACE might now be worth an estimated £465,594.

This is based on house price inflation of 3.5%, between January 2022 and June 2025, 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 3.5% inflationary increase is applied to the most recent sale price for 3 SPENCER PLACE of £450,000 on 7th January 2022. For the value to have increased from £450,000 to £465,594 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 SPENCER PLACE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The January 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPENCER PLACE has not materially changed since January 2022.

How Large is 3 SPENCER PLACE?

3 SPENCER PLACE is 126m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Hill, and where 3 SPENCER PLACE lies on this distribution: 32% of detached houses houses are smaller than 3 SPENCER PLACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

3 SPENCER PLACE: Plot and Title Map

3 SPENCER PLACE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 3 SPENCER 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 SPENCER 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 SPENCER PLACE?

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