1, THE MEADS, TUNBRIDGE WELLS, TN2 5BX - £1,067,500

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 MEADS is a large extended detached house of 204m², built sometime between 1976 and 1982. It was last sold for £1,067,500 in March 2021, which was around 37% above the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 THE MEADS Sold Prices

Land registry data shows two sales for 1 THE MEADS 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 MEADS 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 12 MAR	£1,067,500	£779,775	37% above HPI
2006 5 JAN	£425,000	£415,724	2% above HPI

1 THE MEADS 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 MEADS sales from January 2006 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 January 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 THE MEADS?

1 THE MEADS is 204m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 1 THE MEADS lies on this distribution: 74% of detached houses are smaller than 1 THE MEADS, and 25% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

1 THE MEADS: Plot and Title Map

1 THE MEADS sits on a plot of roughly 0.279 of an acre, or 1,129m². The below map shows the location of 1 THE MEADS, 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 MEADS). 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 MEADS?

1 THE MEADS is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 1 on THE MEADS.