1, LAKE ROAD, TUNBRIDGE WELLS, TN4 8XT - £1,480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LAKE ROAD is a large detached house of 206m², built sometime between 1900 and 1929, which could now be worth an estimated £1,712,974. It was last sold for £1,480,000 in October 2020, which was around 99% above the average October 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

1 LAKE ROAD Sold Prices

Land registry data shows two sales for 1 LAKE ROAD 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 1 LAKE ROAD sales were 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
2020 2 OCT	£1,480,000	£742,273	99% above HPI
2016 15 DEC	£1,150,000	£688,531	67% above HPI

1 LAKE ROAD 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 1 LAKE ROAD sales from December 2016 and October 2020 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 December 2016 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2020 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 1 LAKE ROAD be worth now?

1 LAKE ROAD might now be worth an estimated £1,712,974.

This is based on house price inflation of 15.7%, between October 2020 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 1 LAKE ROAD of £1,480,000 on 2nd October 2020. For the value to have increased from £1,480,000 to £1,712,974 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 LAKE ROAD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The October 2020 sale price of £1,480,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAKE ROAD has not materially changed since October 2020.

How Large is 1 LAKE ROAD?

1 LAKE ROAD is 206m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 1 LAKE ROAD lies on this distribution: 75% of detached houses houses are smaller than 1 LAKE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

1 LAKE ROAD: Plot and Title Map

1 LAKE ROAD sits on a plot of roughly 0.272 of an acre, or 1,099m². The below map shows the location of 1 LAKE ROAD, 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 LAKE ROAD). 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 LAKE ROAD?

1 LAKE ROAD is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 1 on LAKE ROAD.