2, OAKTREE CLOSE, TUNBRIDGE WELLS, TN2 5SS - £900,000

2 OAKTREE CLOSE is a very large detached house of 376m², built in 2022. It was last sold for £900,000 in November 2019, which was around 24% above the average November 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

2 OAKTREE CLOSE Sold Prices

Land registry data shows three sales for 2 OAKTREE CLOSE 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. One of the three 2 OAKTREE CLOSE sales was for above the average price, whilst two 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
2019 29 NOV	£900,000	£727,850	24% above HPI
2016 14 DEC	£700,000	£704,743	1% below HPI
2013 30 AUG	£425,000	£550,585	23% below HPI

2 OAKTREE 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 three 2 OAKTREE CLOSE sales between August 2013 and November 2019 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 OAKTREE CLOSE?

2 OAKTREE CLOSE is 376m² according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 OAKTREE CLOSE lies on this distribution: 97% of detached houses are smaller than 2 OAKTREE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

2 OAKTREE CLOSE: Plot and Title Map

2 OAKTREE CLOSE sits on a plot of roughly 0.288 of an acre, or 1,167m². The below map shows the location of 2 OAKTREE 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 OAKTREE 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 OAKTREE CLOSE?

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