10, THE RIDGEWAYE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0AD - £454,000

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

10 THE RIDGEWAYE is a very small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £454,000 in February 2013, which was around 14% below the average February 2013 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.

10 THE RIDGEWAYE Sold Prices

Land registry data shows two sales for 10 THE RIDGEWAYE 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 10 THE RIDGEWAYE 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 21 FEB	£454,000	£526,188	14% below HPI
2009 19 NOV	£387,750	£470,850	18% below HPI

10 THE RIDGEWAYE 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 10 THE RIDGEWAYE sales from November 2009 and February 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 November 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 10 THE RIDGEWAYE?

10 THE RIDGEWAYE is 101m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 10 THE RIDGEWAYE lies on this distribution: 14% of detached houses are smaller than 10 THE RIDGEWAYE, and 86% of houses are larger. Note that EPC data is not available for all properties in Southborough.

10 THE RIDGEWAYE: Plot and Title Map

10 THE RIDGEWAYE sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 10 THE RIDGEWAYE, 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 10 THE RIDGEWAYE). 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 10 THE RIDGEWAYE?

10 THE RIDGEWAYE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 10 on THE RIDGEWAYE.