5, MERCERS PLACE, KINGS HILL, WEST MALLING, ME19 4PA - £303,000

5 MERCERS PLACE is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £303,000 in December 2011, which was around 25% below the average December 2011 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

5 MERCERS PLACE Sold Prices

Land registry data shows two sales for 5 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. Both of the two 5 MERCERS 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
2011 19 DEC	£303,000	£401,717	25% below HPI
2002 30 AUG	£222,000	£288,943	23% below HPI

5 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 5 MERCERS PLACE sales from August 2002 and December 2011 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 August 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 MERCERS PLACE?

5 MERCERS PLACE is 88m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 5 MERCERS PLACE lies on this distribution: 3% of detached houses are smaller than 5 MERCERS PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

5 MERCERS PLACE: Plot and Title Map

5 MERCERS PLACE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 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 5 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 5 MERCERS PLACE?

5 MERCERS PLACE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 5 on MERCERS PLACE.