13, MORLAND DRIVE, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HZ - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 MORLAND DRIVE is a midsized extended detached house of 159m², built sometime between 1991 and 1995, which could now be worth an estimated £659,392. It was last sold for £545,000 in February 2018, which was around 23% below the average February 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was C.

13 MORLAND DRIVE Sold Prices

Land registry data shows two sales for 13 MORLAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 13 MORLAND DRIVE 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 28 FEB	£545,000	£710,077	23% below HPI
2006 28 APR	£290,000	£419,450	31% below HPI

13 MORLAND DRIVE 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 two 13 MORLAND DRIVE sales from April 2006 and February 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 April 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 13 MORLAND DRIVE be worth now?

13 MORLAND DRIVE might now be worth an estimated £659,392.

This is based on house price inflation of 21%, between February 2018 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 13 MORLAND DRIVE of £545,000 on 28th February 2018. For the value to have increased from £545,000 to £659,392 over the seven years to February 2025, the following assumptions must hold true:

• The value of 13 MORLAND DRIVE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2018 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MORLAND DRIVE has not materially changed since February 2018.

How Large is 13 MORLAND DRIVE?

13 MORLAND DRIVE is 159m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lamberhurst, and where 13 MORLAND DRIVE lies on this distribution: 52% of detached houses houses are smaller than 13 MORLAND DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

13 MORLAND DRIVE: Plot and Title Map

13 MORLAND DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 13 MORLAND DRIVE, 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 13 MORLAND DRIVE). 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 13 MORLAND DRIVE?

13 MORLAND DRIVE is located in LAMBERHURST, in the TN3 postcode district. The below map shows the position of No. 13 on MORLAND DRIVE.