11, CONCORD CLOSE, PADDOCK WOOD, TONBRIDGE, TN12 6UJ - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 CONCORD CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £395,000 in December 2018, which was around 46% below the average December 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

11 CONCORD CLOSE Sold Prices

Land registry data shows three sales for 11 CONCORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 11 CONCORD CLOSE 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
2018 19 DEC	£395,000	£732,128	46% below HPI
2016 12 JAN	£372,500	£673,511	45% below HPI
2015 5 JUN	£288,000	£626,930	54% below HPI

11 CONCORD CLOSE 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 three 11 CONCORD CLOSE sales between June 2015 and December 2018 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 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 11 CONCORD CLOSE?

11 CONCORD CLOSE is 78m² according to the EPC inspection conducted in February 2015. 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 11 CONCORD CLOSE lies on this distribution: 3% of detached houses are smaller than 11 CONCORD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

11 CONCORD CLOSE: Plot and Title Map

11 CONCORD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 11 CONCORD CLOSE, 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 CONCORD CLOSE). 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 11 CONCORD CLOSE?

11 CONCORD CLOSE is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 11 on CONCORD CLOSE.