2, THE SPINNEY, TONBRIDGE, TN9 2QQ - £396,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 THE SPINNEY is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £396,000 in October 2015, which was around 23% below the average October 2015 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 THE SPINNEY Sold Prices

Land registry data shows three sales for 2 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 2 THE SPINNEY 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
2015 9 OCT	£396,000	£513,422	23% below HPI
2012 2 MAR	£264,000	£397,987	34% below HPI
2001 27 JUN	£180,000	£234,047	23% below HPI

2 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The three 2 THE SPINNEY sales between June 2001 and October 2015 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 March 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 87m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Tonbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Tonbridge, and where 2 THE SPINNEY lies on this distribution: 14% of detached houses are smaller than 2 THE SPINNEY, and 86% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2 THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

2 THE SPINNEY is located in TONBRIDGE, in the TN9 postcode district. The below map shows the position of No. 2 on THE SPINNEY.