121, RIDGEWAY, PEMBURY, TUNBRIDGE WELLS, TN2 4ET - £517,000

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

121 RIDGEWAY is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £517,000 in May 2017, which was around 26% below the average May 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

121 RIDGEWAY Sold Prices

Land registry data shows four sales for 121 RIDGEWAY since 1^st 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 121 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
2017 5 MAY	£517,000	£699,099	26% below HPI
2012 24 AUG	£360,000	£526,990	32% below HPI
2005 6 JUL	£300,000	£428,268	30% below HPI
2000 3 MAY	£185,000	£260,770	29% below HPI

121 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 four 121 RIDGEWAY sales between May 2000 and May 2017 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 August 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 121 RIDGEWAY?

121 RIDGEWAY is 112m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 121 RIDGEWAY lies on this distribution: 46% of detached houses are smaller than 121 RIDGEWAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Pembury.

121 RIDGEWAY: Plot and Title Map

121 RIDGEWAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 121 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 121 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 121 RIDGEWAY?

121 RIDGEWAY is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 121 on RIDGEWAY.