THE LODGE, SHERWOOD PARK, PEMBURY ROAD, TUNBRIDGE WELLS, TN2 3QG - £530,000

THE LODGE is a midsized extended detached house of 153m², built sometime before 1900. It was last sold for £530,000 in June 2013, which was about the average June 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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. One of the two THE LODGE sales was roughly equal to the average price, whilst the other was 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
2013 17 JUN	£530,000	£531,994	Close to HPI
1999 29 JAN	£90,000	£197,593	54% below HPI

THE LODGE 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 THE LODGE sales from January 1999 and June 2013 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 1999 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE LODGE?

THE LODGE is 153m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 THE LODGE lies on this distribution: 52% of detached houses are smaller than THE LODGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.254 of an acre, or 1,030m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE, SHERWOOD PARK is located on PEMBURY ROAD in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of THE LODGE, SHERWOOD PARK on PEMBURY ROAD.