1, MORLEY DRIVE, HORSMONDEN, TONBRIDGE, TN12 8JD - £343,000

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 MORLEY DRIVE is a small extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £553,668. It was last sold for £343,000 in October 2013, which was around 36% below the average October 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

1 MORLEY DRIVE Sold Prices

Land registry data shows four sales for 1 MORLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 1 MORLEY DRIVE 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
2013 29 OCT	£343,000	£532,228	36% below HPI
2006 28 FEB	£250,000	£415,371	40% below HPI
2003 24 SEP	£249,995	£370,021	32% below HPI
1996 12 APR	£125,400	£138,722	10% below HPI

1 MORLEY DRIVE 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 four 1 MORLEY DRIVE sales between April 1996 and October 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 February 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2013 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 MORLEY DRIVE be worth now?

1 MORLEY DRIVE might now be worth an estimated £553,668.

This is based on house price inflation of 61.4%, between October 2013 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 61.4% inflationary increase is applied to the most recent sale price for 1 MORLEY DRIVE of £343,000 on 29th October 2013. For the value to have increased from £343,000 to £553,668 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 MORLEY DRIVE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The October 2013 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MORLEY DRIVE has not materially changed since October 2013.

How Large is 1 MORLEY DRIVE?

1 MORLEY DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsmonden, and where 1 MORLEY DRIVE lies on this distribution: 20% of detached houses houses are smaller than 1 MORLEY DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

1 MORLEY DRIVE: Plot and Title Map

1 MORLEY DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 MORLEY DRIVE, 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 MORLEY DRIVE). 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 MORLEY DRIVE?

1 MORLEY DRIVE is located in HORSMONDEN, in the TN12 postcode district. The below map shows the position of No. 1 on MORLEY DRIVE.