18, HARGATE CLOSE, TUNBRIDGE WELLS, TN2 5PA - £622,500

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 HARGATE CLOSE is a very small detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £647,193. It was last sold for £622,500 in December 2023, which was around 25% below the average December 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

18 HARGATE CLOSE Sold Prices

Land registry data shows three sales for 18 HARGATE CLOSE 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 18 HARGATE CLOSE 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 DEC	£622,500	£826,339	25% below HPI
2021 2 NOV	£680,000	£801,735	15% below HPI
1997 27 JAN	£121,000	£148,261	18% below HPI

18 HARGATE CLOSE 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 18 HARGATE CLOSE sales between January 1997 and December 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 November 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 18 HARGATE CLOSE be worth now?

18 HARGATE CLOSE might now be worth an estimated £647,193.

This is based on house price inflation of 4%, between December 2023 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 4% inflationary increase is applied to the most recent sale price for 18 HARGATE CLOSE of £622,500 on 5th December 2023. For the value to have increased from £622,500 to £647,193 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 HARGATE CLOSE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The December 2023 sale price of £622,500 represented a fair market value for the property.
• The size, condition, and specification of 18 HARGATE CLOSE has not materially changed since December 2023.

How Large is 18 HARGATE CLOSE?

18 HARGATE CLOSE is 101m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 18 HARGATE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 18 HARGATE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

18 HARGATE CLOSE: Plot and Title Map

18 HARGATE CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 18 HARGATE CLOSE, 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 HARGATE CLOSE). 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 HARGATE CLOSE?

18 HARGATE CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 18 on HARGATE CLOSE.