11, RIDGEWAY, PEMBURY, TUNBRIDGE WELLS, TN2 4ER - £345,000

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

11 RIDGEWAY is a midsized extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £345,000 in September 2011, which was around 32% below the average September 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

11 RIDGEWAY Sold Prices

Land registry data shows two sales for 11 RIDGEWAY 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 11 RIDGEWAY 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
2011 15 SEP	£345,000	£508,707	32% below HPI
1996 31 JAN	£109,500	£143,593	24% below HPI

11 RIDGEWAY 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 11 RIDGEWAY sales from January 1996 and September 2011 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 RIDGEWAY?

11 RIDGEWAY is 126m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 50% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 11 RIDGEWAY lies on this distribution: 59% of detached houses are smaller than 11 RIDGEWAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Pembury.

11 RIDGEWAY: Plot and Title Map

11 RIDGEWAY sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 11 RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

11 RIDGEWAY is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 11 on RIDGEWAY.