18, CHAFFINCH WAY, PADDOCK WOOD, TONBRIDGE, TN12 6XL - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 CHAFFINCH WAY is a small detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £547,660. It was last sold for £545,000 in July 2022, which was around 36% below the average July 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

18 CHAFFINCH WAY Sold Prices

Land registry data shows four sales for 18 CHAFFINCH WAY 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 18 CHAFFINCH WAY 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 13 JUL	£545,000	£854,946	36% below HPI
2013 27 NOV	£340,000	£536,377	37% below HPI
2004 30 MAR	£249,000	£382,674	35% below HPI
1999 28 MAY	£135,000	£202,263	33% below HPI

18 CHAFFINCH WAY 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 18 CHAFFINCH WAY sales between May 1999 and July 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 CHAFFINCH WAY be worth now?

18 CHAFFINCH WAY might now be worth an estimated £547,660.

This is based on house price inflation of 0.5%, between July 2022 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 18 CHAFFINCH WAY of £545,000 on 13th July 2022. For the value to have increased from £545,000 to £547,660 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 18 CHAFFINCH WAY has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The July 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHAFFINCH WAY has not materially changed since July 2022.

How Large is 18 CHAFFINCH WAY?

18 CHAFFINCH WAY is 105m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paddock Wood, and where 18 CHAFFINCH WAY lies on this distribution: 24% of detached houses houses are smaller than 18 CHAFFINCH WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

18 CHAFFINCH WAY: Plot and Title Map

18 CHAFFINCH WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 CHAFFINCH WAY, 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 CHAFFINCH WAY). 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 CHAFFINCH WAY?

18 CHAFFINCH WAY is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 18 on CHAFFINCH WAY.