15, THE AVENUE, TUNBRIDGE WELLS, TN2 3FJ - £635,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 THE AVENUE is a small detached house of 108m². It was last sold for £635,000 in September 2023, which was around 27% below the average September 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

15 THE AVENUE Sold Prices

Land registry data shows three sales for 15 THE AVENUE 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 15 THE AVENUE 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
2023 5 SEP	£635,000	£873,965	27% below HPI
2017 30 MAY	£550,000	£699,099	21% below HPI
2015 28 AUG	£425,000	£646,376	34% below HPI

15 THE AVENUE 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 15 THE AVENUE sales between August 2015 and September 2023 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 May 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 THE AVENUE?

15 THE AVENUE is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 15 THE AVENUE lies on this distribution: 22% of detached houses are smaller than 15 THE AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

15 THE AVENUE: Plot and Title Map

15 THE AVENUE sits on a plot of roughly 0.916 of an acre, or 3,708m². The below map shows the location of 15 THE AVENUE, 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 15 THE AVENUE). 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 15 THE AVENUE?

15 THE AVENUE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 15 on THE AVENUE.