18, PARK ROAD, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0NX - £775,000

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 PARK ROAD is a very large detached house of 244m², built sometime before 1900. It was last sold for £775,000 in September 2011, which was around 52% above the average September 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was F.

18 PARK ROAD Sold Prices

Land registry data shows two sales for 18 PARK ROAD 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 PARK ROAD 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
2011 1 SEP	£775,000	£508,707	52% above HPI
2005 15 AUG	£585,000	£428,711	36% above HPI

18 PARK ROAD 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 PARK ROAD sales from August 2005 and September 2011 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 August 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2011 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 18 PARK ROAD?

18 PARK ROAD is 244m² according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 18 PARK ROAD lies on this distribution: 93% of detached houses are smaller than 18 PARK ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Southborough.

18 PARK ROAD: Plot and Title Map

18 PARK ROAD sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 18 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

18 PARK ROAD is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 18 on PARK ROAD.