1, THE OLD SCHOOL, CHURCH ROAD, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0RU - £512,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 THE OLD SCHOOL is a small detached house of 121m². It was last sold for £512,500 in January 2019, which was around 30% below the average January 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2009, where the current energy rating was B, and the potential energy rating was B.

1 THE OLD SCHOOL Sold Prices

Land registry data shows two sales for 1 THE OLD SCHOOL 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 OLD SCHOOL 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
2019 21 JAN	£512,500	£733,112	30% below HPI
2010 31 MAR	£350,000	£492,538	29% below HPI

1 THE OLD SCHOOL 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 OLD SCHOOL sales from March 2010 and January 2019 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 March 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 THE OLD SCHOOL?

1 THE OLD SCHOOL is 121m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 40% 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 OLD SCHOOL lies on this distribution: 31% of detached houses are smaller than 1 THE OLD SCHOOL, and 69% of houses are larger. Note that EPC data is not available for all properties in Southborough.

1 THE OLD SCHOOL: Plot and Title Map

1 THE OLD SCHOOL sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 1 THE OLD SCHOOL, 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 OLD SCHOOL). 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 OLD SCHOOL?

1 THE OLD SCHOOL is located on CHURCH ROAD in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of 1 THE OLD SCHOOL on CHURCH ROAD.