12, THE FORSTAL, PEMBURY, TUNBRIDGE WELLS, TN2 4EG - £275,000

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

12 THE FORSTAL is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £275,000 in May 2012, which was around 45% below the average May 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

12 THE FORSTAL Sold Prices

Land registry data shows five sales for 12 THE FORSTAL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the five 12 THE FORSTAL 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
2012 10 MAY	£275,000	£497,209	45% below HPI
2006 13 APR	£229,995	£429,326	46% below HPI
2004 14 OCT	£210,000	£433,397	52% below HPI
2002 22 NOV	£189,000	£358,249	47% below HPI
2002 12 APR	£140,000	£320,287	56% below HPI

12 THE FORSTAL 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 five 12 THE FORSTAL sales between April 2002 and May 2012 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 April 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2012 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 12 THE FORSTAL?

12 THE FORSTAL is 64m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 12 THE FORSTAL lies on this distribution: 2% of detached houses are smaller than 12 THE FORSTAL, and 98% of houses are larger. Note that EPC data is not available for all properties in Pembury.

12 THE FORSTAL: Plot and Title Map

12 THE FORSTAL sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 THE FORSTAL, 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 12 THE FORSTAL). 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 12 THE FORSTAL?

12 THE FORSTAL is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 12 on THE FORSTAL.