17, ORCHARD RISE, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9RY - £705,000

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

17 ORCHARD RISE is a large extended detached house of 180m², built sometime between 1950 and 1966. It was last sold for £705,000 in June 2014, which was around 88% above the average June 2014 detached price in the Wealden local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

17 ORCHARD RISE Sold Prices

Land registry data shows two sales for 17 ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 17 ORCHARD RISE sales were for above 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
2014 23 JUN	£705,000	£375,756	88% above HPI
1999 22 SEP	£310,000	£160,644	93% above HPI

17 ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 17 ORCHARD RISE sales from September 1999 and June 2014 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 September 1999 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the June 2014 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 17 ORCHARD RISE?

17 ORCHARD RISE is 180m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where 17 ORCHARD RISE lies on this distribution: 65% of detached houses are smaller than 17 ORCHARD RISE, and 35% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

17 ORCHARD RISE: Plot and Title Map

17 ORCHARD RISE sits on a plot of roughly 0.323 of an acre, or 1,305m². The below map shows the location of 17 ORCHARD RISE, 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 17 ORCHARD RISE). 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 17 ORCHARD RISE?

17 ORCHARD RISE is located in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of No. 17 on ORCHARD RISE.