18, MADEIRA PARK, TUNBRIDGE WELLS, TN2 5SX - £1,326,000

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

18 MADEIRA PARK is a large detached house of 209m², built sometime before 1900. It was last sold for £1,326,000 in June 2024, which was around 59% above the average June 2024 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

18 MADEIRA PARK Sold Prices

Land registry data shows two sales for 18 MADEIRA PARK 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 MADEIRA PARK 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
2024 21 JUN	£1,326,000	£834,010	59% above HPI
2003 25 JUL	£534,000	£371,130	44% above HPI

18 MADEIRA PARK 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 MADEIRA PARK sales from July 2003 and June 2024 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 2003 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2024 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 18 MADEIRA PARK?

18 MADEIRA PARK is 209m² according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 18 MADEIRA PARK lies on this distribution: 76% of detached houses are smaller than 18 MADEIRA PARK, and 24% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

18 MADEIRA PARK: Plot and Title Map

18 MADEIRA PARK sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 MADEIRA PARK, 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 MADEIRA PARK). 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 MADEIRA PARK?

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