Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
118 BROADMEAD is a small detached house of 109m², built sometime between 1976 and 1982. It was last sold for £450,000 in November 2015, which was around 30% below the average November 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 118 BROADMEAD since 1st 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 118 BROADMEAD 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 |
---|---|---|---|
2015 6 NOV | £450,000 | £639,735 | 30% below HPI |
2009 4 DEC | £362,500 | £468,106 | 23% below HPI |
1999 20 SEP | £174,950 | £232,822 | 25% 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 three 118 BROADMEAD sales between September 1999 and November 2015 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 December 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
118 BROADMEAD is 109m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% 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 118 BROADMEAD lies on this distribution: 23% of detached houses are smaller than 118 BROADMEAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.
118 BROADMEAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 118 BROADMEAD, 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 118 BROADMEAD). 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.
118 BROADMEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 118 on BROADMEAD.