38, FRANKFIELD RISE, TUNBRIDGE WELLS, TN2 5LF - £465,000

38 FRANKFIELD RISE is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £465,000 in September 2011, which was around 9% below the average September 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

38 FRANKFIELD RISE Sold Prices

Land registry data shows two sales for 38 FRANKFIELD RISE 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 38 FRANKFIELD RISE 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
2011 23 SEP	£465,000	£508,707	9% below HPI
2004 26 NOV	£310,000	£441,912	30% below HPI

38 FRANKFIELD RISE 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 38 FRANKFIELD RISE sales from November 2004 and September 2011 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 November 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 FRANKFIELD RISE?

38 FRANKFIELD RISE is 105m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 38 FRANKFIELD RISE lies on this distribution: 21% of detached houses are smaller than 38 FRANKFIELD RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

38 FRANKFIELD RISE: Plot and Title Map

38 FRANKFIELD RISE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 38 FRANKFIELD RISE, 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 38 FRANKFIELD RISE). 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 38 FRANKFIELD RISE?

38 FRANKFIELD RISE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 38 on FRANKFIELD RISE.