1, THE CRESCENT, TUNBRIDGE WELLS, TN4 0TJ - £1,411,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE CRESCENT is a very large extended detached house of 248m², built sometime between 1967 and 1975. It was last sold for £1,411,000 in March 2021, which was around 81% above the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

1 THE CRESCENT Sold Prices

Land registry data shows two sales for 1 THE CRESCENT 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 THE CRESCENT 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
2021 18 MAR	£1,411,000	£779,775	81% above HPI
1999 12 MAY	£277,500	£207,026	34% above HPI

1 THE CRESCENT 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 THE CRESCENT sales from May 1999 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 May 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 1 THE CRESCENT?

1 THE CRESCENT is 248m², which includes three extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 1 THE CRESCENT lies on this distribution: 94% of detached houses are smaller than 1 THE CRESCENT, and 6% of houses are larger. Note that EPC data is not available for all properties in Southborough.

1 THE CRESCENT: Plot and Title Map

1 THE CRESCENT sits on a plot of roughly 0.425 of an acre, or 1,720m². The below map shows the location of 1 THE CRESCENT, 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 THE CRESCENT). 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 THE CRESCENT?

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