14, CHEESEMAN DRIVE, PADDOCK WOOD, TONBRIDGE, TN12 6FE - £685,000

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

14 CHEESEMAN DRIVE is a large detached house of 133m², built in 2018. It was last sold for £685,000 in September 2022, which was around 24% below the average September 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

14 CHEESEMAN DRIVE Sold Prices

Land registry data shows two sales for 14 CHEESEMAN 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 14 CHEESEMAN 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
2022 28 SEP	£685,000	£898,829	24% below HPI
2021 23 DEC	£585,000	£817,629	28% below HPI

14 CHEESEMAN 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 14 CHEESEMAN DRIVE sales from December 2021 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 December 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 CHEESEMAN DRIVE?

14 CHEESEMAN DRIVE is 133m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% 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 14 CHEESEMAN DRIVE lies on this distribution: 69% of detached houses are smaller than 14 CHEESEMAN DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

14 CHEESEMAN DRIVE: Plot and Title Map

14 CHEESEMAN DRIVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 14 CHEESEMAN 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 14 CHEESEMAN 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 14 CHEESEMAN DRIVE?

14 CHEESEMAN DRIVE is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 14 on CHEESEMAN DRIVE.