106A, COMMERCIAL ROAD, PADDOCK WOOD, TONBRIDGE, TN12 6DP - £143,000

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

106A COMMERCIAL ROAD is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £143,000 in September 2013, which was around 74% below the average September 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

106A COMMERCIAL ROAD Sold Prices

Land registry data shows two sales for 106A COMMERCIAL ROAD 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 106A COMMERCIAL ROAD 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 23 SEP	£143,000	£547,159	74% below HPI
1999 29 JAN	£78,000	£197,593	61% below HPI

106A COMMERCIAL ROAD 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 106A COMMERCIAL ROAD sales from January 1999 and September 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 January 1999 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2013 sale, where it falls to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 106A COMMERCIAL ROAD?

106A COMMERCIAL ROAD is 62m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Paddock Wood, and where 106A COMMERCIAL ROAD lies on this distribution: 1% of detached houses are smaller than 106A COMMERCIAL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

106A COMMERCIAL ROAD: Plot and Title Map

106A COMMERCIAL ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 106A COMMERCIAL ROAD, 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 106A COMMERCIAL ROAD). 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 106A COMMERCIAL ROAD?

106A COMMERCIAL ROAD is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 106A on COMMERCIAL ROAD.