16, THE GREENWAYS, PADDOCK WOOD, TONBRIDGE, TN12 6LS - £628,500

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

16 THE GREENWAYS is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £628,500 in October 2023, which was around 27% below the average October 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

16 THE GREENWAYS Sold Prices

Land registry data shows two sales for 16 THE GREENWAYS 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 16 THE GREENWAYS 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 20 OCT	£628,500	£859,460	27% below HPI
1995 15 FEB	£115,000	£136,220	16% below HPI

16 THE GREENWAYS 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 16 THE GREENWAYS sales from February 1995 and October 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 February 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 THE GREENWAYS?

16 THE GREENWAYS is 116m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% 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 16 THE GREENWAYS lies on this distribution: 47% of detached houses are smaller than 16 THE GREENWAYS, and 52% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

16 THE GREENWAYS: Plot and Title Map

16 THE GREENWAYS sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 16 THE GREENWAYS, 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 16 THE GREENWAYS). 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 16 THE GREENWAYS?

16 THE GREENWAYS is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 16 on THE GREENWAYS.