18, ASHER REEDS, LANGTON GREEN, TUNBRIDGE WELLS, TN3 0AL - £358,000

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

18 ASHER REEDS is a very small detached house of 112m², built sometime between 1950 and 1966. It was last sold for £358,000 in June 2008, which was around 26% below the average June 2008 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

18 ASHER REEDS Sold Prices

Land registry data shows two sales for 18 ASHER REEDS 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 18 ASHER REEDS 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
2008 20 JUN	£358,000	£486,820	26% below HPI
2006 28 JUL	£352,500	£450,092	22% below HPI

18 ASHER REEDS 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 18 ASHER REEDS sales from July 2006 and June 2008 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 July 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2008 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 ASHER REEDS?

18 ASHER REEDS is 112m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Langton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Langton Green, and where 18 ASHER REEDS lies on this distribution: 17% of detached houses are smaller than 18 ASHER REEDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Langton Green.

18 ASHER REEDS: Plot and Title Map

18 ASHER REEDS sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 18 ASHER REEDS, 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 18 ASHER REEDS). 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 18 ASHER REEDS?

18 ASHER REEDS is located in LANGTON GREEN, in the TN3 postcode district. The below map shows the position of No. 18 on ASHER REEDS.