DRAGON GATE, RUSTHALL PLACE, TUNBRIDGE WELLS, TN4 8XB - £540,000

DRAGON GATE is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £540,000 in September 2016, which was around 24% below the average September 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was D.

DRAGON GATE Sold Prices

Land registry data shows two sales for DRAGON GATE 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 DRAGON GATE 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
2016 2 SEP	£540,000	£708,635	24% below HPI
2002 6 AUG	£315,000	£343,901	8% below HPI

DRAGON GATE 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 DRAGON GATE sales from August 2002 and September 2016 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 August 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is DRAGON GATE?

DRAGON GATE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2015. 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 DRAGON GATE lies on this distribution: 26% of detached houses are smaller than DRAGON GATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

DRAGON GATE: Plot and Title Map

DRAGON GATE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of DRAGON GATE, 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 DRAGON GATE). 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 DRAGON GATE?

DRAGON GATE is located on RUSTHALL PLACE in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of DRAGON GATE on RUSTHALL PLACE.