3, LAKE ROAD, TUNBRIDGE WELLS, TN4 8XT - £1,178,000

3 LAKE ROAD is a very large detached house of 237m², built sometime between 1930 and 1949. It was last sold for £1,178,000 in March 2014, which was around 113% above the average March 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

3 LAKE ROAD Sold Prices

Land registry data shows three sales for 3 LAKE ROAD 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 3 LAKE ROAD sales were for above 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
2014 21 MAR	£1,178,000	£553,169	113% above HPI
2009 23 JAN	£850,000	£420,972	102% above HPI
2002 25 JAN	£500,000	£315,729	58% above HPI

3 LAKE ROAD 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 3 LAKE ROAD sales between January 2002 and March 2014 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 January 2009 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the March 2014 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 3 LAKE ROAD?

3 LAKE ROAD is 237m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 3 LAKE ROAD lies on this distribution: 84% of detached houses are smaller than 3 LAKE ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

3 LAKE ROAD: Plot and Title Map

3 LAKE ROAD sits on a plot of roughly 0.509 of an acre, or 2,061m². The below map shows the location of 3 LAKE ROAD, 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 3 LAKE ROAD). 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 3 LAKE ROAD?

3 LAKE ROAD is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 3 on LAKE ROAD.