SPOUTE CORNER, LONG MILL LANE, PLAXTOL, SEVENOAKS, TN15 0QR - £650,000

SPOUTE CORNER is a very small detached house of 111m², built sometime between 2003 and 2006. It was last sold for £650,000 in August 2022, which was around 11% below the average August 2022 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

SPOUTE CORNER Sold Prices

Land registry data shows four sales for SPOUTE CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four SPOUTE CORNER 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 26 AUG	£650,000	£731,796	11% below HPI
2020 21 DEC	£542,000	£644,415	16% below HPI
2016 28 OCT	£490,000	£575,421	15% below HPI
2005 24 OCT	£325,000	£346,314	6% below HPI

SPOUTE CORNER 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 four SPOUTE CORNER sales between October 2005 and August 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 December 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SPOUTE CORNER?

SPOUTE CORNER is 111m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Plaxtol, based on EPC data. The below chart shows the distribution of detached houses by size in Plaxtol, and where SPOUTE CORNER lies on this distribution: 15% of detached houses are smaller than SPOUTE CORNER, and 85% of houses are larger. Note that EPC data is not available for all properties in Plaxtol.

SPOUTE CORNER: Plot and Title Map

SPOUTE CORNER sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of SPOUTE CORNER, 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 SPOUTE CORNER). 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 SPOUTE CORNER?

SPOUTE CORNER is located on LONG MILL LANE in PLAXTOL, in the TN15 postcode district. The below map shows the position of SPOUTE CORNER on LONG MILL LANE.