2, THE GREEN, FORDCOMBE, TUNBRIDGE WELLS, TN3 0RY - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE GREEN is a very small extended detached house of 57m², built sometime between 1950 and 1966. It was last sold for £390,000 in July 2023, which was around 58% below the average July 2023 detached price in the Sevenoaks local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was A.

2 THE GREEN Sold Prices

Land registry data shows three sales for 2 THE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. All of the three 2 THE GREEN 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 31 JUL	£390,000	£925,043	58% below HPI
2020 31 JAN	£263,500	£781,222	66% below HPI
2003 29 AUG	£138,000	£406,668	66% below HPI

2 THE GREEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The three 2 THE GREEN sales between August 2003 and July 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 January 2020 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the July 2023 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 2 THE GREEN?

2 THE GREEN is 57m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Fordcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Fordcombe, and where 2 THE GREEN lies on this distribution: Less than 1% of detached houses are smaller than 2 THE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fordcombe.

2 THE GREEN: Plot and Title Map

2 THE GREEN sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 THE GREEN, 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 THE GREEN). 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 THE GREEN?

2 THE GREEN is located in FORDCOMBE, in the TN3 postcode district. The below map shows the position of No. 2 on THE GREEN.