LAUREL BANK, VALLEY ROAD, FAWKHAM, LONGFIELD, DA3 8EQ - £585,000

LAUREL BANK is a small extended semi-detached house of 113m², built sometime before 1900. It was last sold for £585,000 in January 2021, which was around 27% below the average January 2021 detached price in the Sevenoaks local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

LAUREL BANK Sold Prices

Land registry data shows three sales for LAUREL BANK 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. All of the three LAUREL BANK 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
2021 20 JAN	£585,000	£802,786	27% below HPI
2016 19 JUL	£435,000	£720,174	40% below HPI
2011 7 DEC	£380,000	£515,080	26% below HPI

LAUREL BANK 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 LAUREL BANK sales between December 2011 and January 2021 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is LAUREL BANK?

LAUREL BANK is 113m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Hartley, based on EPC data. The below chart shows the distribution of detached houses by size in Hartley, and where LAUREL BANK lies on this distribution: 24% of detached houses are smaller than LAUREL BANK, and 76% of houses are larger. Note that EPC data is not available for all properties in Hartley.

LAUREL BANK: Plot and Title Map

LAUREL BANK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of LAUREL BANK, 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 LAUREL BANK). 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 LAUREL BANK?

LAUREL BANK is located on VALLEY ROAD in FAWKHAM, in the DA3 postcode district. The below map shows the position of LAUREL BANK on VALLEY ROAD.