16, THE RIDINGS, PADDOCK WOOD, TONBRIDGE, TN12 6YB - £302,000

16 THE RIDINGS is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £302,000 in November 2012, which was around 42% below the average November 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

16 THE RIDINGS Sold Prices

Land registry data shows three sales for 16 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 16 THE RIDINGS 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
2012 22 NOV	£302,000	£522,112	42% below HPI
2006 28 SEP	£278,000	£460,543	40% below HPI
1996 11 DEC	£81,000	£150,202	46% below HPI

16 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 16 THE RIDINGS sales between December 1996 and November 2012 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 September 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 16 THE RIDINGS?

16 THE RIDINGS is 87m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Paddock Wood, and where 16 THE RIDINGS lies on this distribution: 9% of detached houses are smaller than 16 THE RIDINGS, and 91% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

16 THE RIDINGS: Plot and Title Map

16 THE RIDINGS sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 16 THE RIDINGS, 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 16 THE RIDINGS). 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 16 THE RIDINGS?

16 THE RIDINGS is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 16 on THE RIDINGS.