128, COMMERCIAL ROAD, PADDOCK WOOD, TONBRIDGE, TN12 6DP - £402,500

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

128 COMMERCIAL ROAD is a very small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £402,500 in September 2022, which was around 55% below the average September 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

128 COMMERCIAL ROAD Sold Prices

Land registry data shows four sales for 128 COMMERCIAL ROAD 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 128 COMMERCIAL ROAD 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
2022 14 SEP	£402,500	£898,829	55% below HPI
2014 10 JAN	£280,000	£559,404	50% below HPI
2006 20 SEP	£239,950	£460,543	48% below HPI
2000 19 OCT	£135,000	£284,841	53% below HPI

128 COMMERCIAL ROAD 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 128 COMMERCIAL ROAD sales between October 2000 and September 2022 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 2014 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 128 COMMERCIAL ROAD?

128 COMMERCIAL ROAD is 100m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Paddock Wood, and where 128 COMMERCIAL ROAD lies on this distribution: 18% of detached houses are smaller than 128 COMMERCIAL ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

128 COMMERCIAL ROAD: Plot and Title Map

128 COMMERCIAL ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 128 COMMERCIAL ROAD, 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 128 COMMERCIAL ROAD). 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 128 COMMERCIAL ROAD?

128 COMMERCIAL ROAD is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 128 on COMMERCIAL ROAD.