147, COMMERCIAL ROAD, PADDOCK WOOD, TONBRIDGE, TN12 6DS - £450,000

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

147 COMMERCIAL ROAD is a small extended detached house of 103m², built sometime between 1900 and 1929. It was last sold for £450,000 in January 2022, which was around 45% below the average January 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

147 COMMERCIAL ROAD Sold Prices

Land registry data shows four sales for 147 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 147 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 21 JAN	£450,000	£825,625	45% below HPI
2007 5 JAN	£245,000	£462,890	47% below HPI
2003 15 AUG	£223,000	£377,660	41% below HPI
1998 11 NOV	£60,000	£201,954	70% below HPI

147 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 147 COMMERCIAL ROAD sales between November 1998 and January 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 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2022 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 147 COMMERCIAL ROAD?

147 COMMERCIAL ROAD is 103m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 147 COMMERCIAL ROAD lies on this distribution: 20% of detached houses are smaller than 147 COMMERCIAL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

147 COMMERCIAL ROAD: Plot and Title Map

147 COMMERCIAL ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 147 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 147 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 147 COMMERCIAL ROAD?

147 COMMERCIAL ROAD is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 147 on COMMERCIAL ROAD.