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
11 BROADWATER RISE is a small detached house of 120m², built sometime between 1976 and 1982. It was last sold for £629,000 in September 2021, which was around 23% below the average September 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 11 BROADWATER RISE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 11 BROADWATER RISE 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 |
---|---|---|---|
2021 16 SEP | £629,000 | £811,637 | 23% below HPI |
2013 12 JUN | £450,000 | £531,994 | 15% below HPI |
2007 31 AUG | £325,000 | £491,024 | 34% below HPI |
1999 17 DEC | £172,500 | £239,123 | 28% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The four 11 BROADWATER RISE sales between December 1999 and September 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 June 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
11 BROADWATER RISE is 120m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% 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 11 BROADWATER RISE lies on this distribution: 31% of detached houses are smaller than 11 BROADWATER RISE, and 68% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.
11 BROADWATER RISE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 11 BROADWATER RISE, 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 11 BROADWATER RISE). 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.
11 BROADWATER RISE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 11 on BROADWATER RISE.