1, HERONS WAY, PEMBURY, TUNBRIDGE WELLS, TN2 4DH - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HERONS WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2014, which was around 54% below the average May 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

1 HERONS WAY Sold Prices

Land registry data shows three sales for 1 HERONS WAY 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 1 HERONS WAY 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
2014 23 MAY	£255,000	£555,673	54% below HPI
2001 12 OCT	£145,000	£311,912	54% below HPI
1998 16 JAN	£94,000	£187,505	50% below HPI

1 HERONS WAY 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 1 HERONS WAY sales between January 1998 and May 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 October 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2014 sale, which was also at 54% below the HPI.

How Large is 1 HERONS WAY?

1 HERONS WAY is 70m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 1 HERONS WAY lies on this distribution: 3% of detached houses are smaller than 1 HERONS WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Pembury.

1 HERONS WAY: Plot and Title Map

1 HERONS WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 HERONS WAY, 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 1 HERONS WAY). 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 1 HERONS WAY?

1 HERONS WAY is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 1 on HERONS WAY.