2, MILTON DRIVE, TUNBRIDGE WELLS, TN2 3DE - £580,000

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.

2 MILTON DRIVE is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £582,830. It was last sold for £580,000 in July 2022, which was around 32% below the average July 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

2 MILTON DRIVE Sold Prices

Land registry data shows three sales for 2 MILTON DRIVE 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 2 MILTON DRIVE 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 8 JUL	£580,000	£854,946	32% below HPI
2007 20 JUN	£285,000	£465,270	39% below HPI
2006 30 AUG	£270,000	£447,619	40% below HPI

2 MILTON DRIVE 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 2 MILTON DRIVE sales between August 2006 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 June 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 MILTON DRIVE be worth now?

2 MILTON DRIVE might now be worth an estimated £582,830.

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 2 MILTON DRIVE of £580,000 on 8th July 2022. For the value to have increased from £580,000 to £582,830 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 MILTON DRIVE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The July 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILTON DRIVE has not materially changed since July 2022.

How Large is 2 MILTON DRIVE?

2 MILTON DRIVE is 92m², which includes two extensions, according to the EPC inspection conducted in February 2022. 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 2 MILTON DRIVE lies on this distribution: 11% of detached houses houses are smaller than 2 MILTON DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

2 MILTON DRIVE: Plot and Title Map

2 MILTON DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 MILTON DRIVE, 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 2 MILTON DRIVE). 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 2 MILTON DRIVE?

2 MILTON DRIVE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 2 on MILTON DRIVE.