2, ESSEX CLOSE, TUNBRIDGE WELLS, TN2 5RQ - £399,950

2 ESSEX CLOSE is a small detached house of 126m², built sometime between 1967 and 1975. It was last sold for £399,950 in November 2015, which was around 37% below the average November 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

2 ESSEX CLOSE Sold Prices

Land registry data shows two sales for 2 ESSEX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 2 ESSEX CLOSE 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
2015 25 NOV	£399,950	£639,735	37% below HPI
1997 2 SEP	£97,500	£177,222	45% below HPI

2 ESSEX CLOSE 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 two 2 ESSEX CLOSE sales from September 1997 and November 2015 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 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 ESSEX CLOSE?

2 ESSEX CLOSE is 126m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 2 ESSEX CLOSE lies on this distribution: 35% of detached houses are smaller than 2 ESSEX CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

2 ESSEX CLOSE: Plot and Title Map

2 ESSEX CLOSE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 2 ESSEX CLOSE, 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 2 ESSEX CLOSE). 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 2 ESSEX CLOSE?

2 ESSEX CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 2 on ESSEX CLOSE.