126, RIDGEWAY, PEMBURY, TUNBRIDGE WELLS, TN2 4ET - £410,000

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

126 RIDGEWAY is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £410,000 in March 2018, which was around 44% below the average March 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

126 RIDGEWAY Sold Prices

Land registry data shows three sales for 126 RIDGEWAY 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 126 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
2018 9 MAR	£410,000	£727,380	44% below HPI
2003 3 SEP	£249,950	£378,733	34% below HPI
2000 31 MAY	£189,950	£260,770	27% below HPI

126 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 three 126 RIDGEWAY sales between May 2000 and March 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 September 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 126 RIDGEWAY?

126 RIDGEWAY is 103m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 126 RIDGEWAY lies on this distribution: 33% of detached houses are smaller than 126 RIDGEWAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Pembury.

126 RIDGEWAY: Plot and Title Map

126 RIDGEWAY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 126 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 126 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 126 RIDGEWAY?

126 RIDGEWAY is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 126 on RIDGEWAY.