5, WALLACE CLOSE, TUNBRIDGE WELLS, TN2 5HW - £660,000

5 WALLACE CLOSE is a midsized extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £660,000 in April 2018, which was around 11% below the average April 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

5 WALLACE CLOSE Sold Prices

Land registry data shows three sales for 5 WALLACE 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. Two of the three 5 WALLACE CLOSE sales were for below the average price, whilst one was 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
2018 10 APR	£660,000	£744,338	11% below HPI
2001 13 JUL	£305,000	£301,923	1% above HPI
1995 2 MAR	£128,000	£136,034	6% below HPI

5 WALLACE 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 5 WALLACE CLOSE sales between March 1995 and April 2018 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 July 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 WALLACE CLOSE?

5 WALLACE CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% 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 5 WALLACE CLOSE lies on this distribution: 47% of detached houses are smaller than 5 WALLACE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

5 WALLACE CLOSE: Plot and Title Map

5 WALLACE CLOSE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 5 WALLACE 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 5 WALLACE 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 5 WALLACE CLOSE?

5 WALLACE CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 5 on WALLACE CLOSE.