1, RIDGELANDS, PENSHURST ROAD, BIDBOROUGH, TUNBRIDGE WELLS, TN3 0XE - £815,000

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 RIDGELANDS is a small detached house of 134m², built sometime between 1976 and 1982. It was last sold for £815,000 in March 2021, which was around 5% above the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

1 RIDGELANDS Sold Prices

Land registry data shows four sales for 1 RIDGELANDS 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. Most of the four 1 RIDGELANDS 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
2021 19 MAR	£815,000	£779,775	5% above HPI
2011 16 DEC	£470,000	£507,523	7% below HPI
2010 20 AUG	£475,000	£514,562	8% below HPI
2002 19 APR	£300,000	£320,287	6% below HPI

1 RIDGELANDS 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 RIDGELANDS sales between April 2002 and March 2021 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 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 RIDGELANDS?

1 RIDGELANDS is 134m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Bidborough, based on EPC data. The below chart shows the distribution of detached houses by size in Bidborough, and where 1 RIDGELANDS lies on this distribution: 22% of detached houses are smaller than 1 RIDGELANDS, and 78% of houses are larger. Note that EPC data is not available for all properties in Bidborough.

1 RIDGELANDS: Plot and Title Map

1 RIDGELANDS sits on a plot of roughly 0.637 of an acre, or 2,576m². The below map shows the location of 1 RIDGELANDS, 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 RIDGELANDS). 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 RIDGELANDS?

1 RIDGELANDS is located on PENSHURST ROAD in BIDBOROUGH, in the TN3 postcode district. The below map shows the position of 1 RIDGELANDS on PENSHURST ROAD.