2, VALE ROAD, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0QQ - £460,000

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

2 VALE ROAD is a small extended detached house of 117m², built sometime before 1900. It was last sold for £460,000 in January 2019, which was around 37% below the average January 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

2 VALE ROAD Sold Prices

Land registry data shows five sales for 2 VALE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the five 2 VALE ROAD 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
2019 25 JAN	£460,000	£733,112	37% below HPI
2015 23 MAR	£345,000	£592,073	42% below HPI
2012 23 MAR	£281,000	£506,655	45% below HPI
2003 18 DEC	£215,000	£389,672	45% below HPI
2002 28 OCT	£151,000	£353,841	57% below HPI

2 VALE 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 five 2 VALE ROAD sales between October 2002 and January 2019 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 VALE ROAD?

2 VALE ROAD is 117m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 2 VALE ROAD lies on this distribution: 26% of detached houses are smaller than 2 VALE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Southborough.

2 VALE ROAD: Plot and Title Map

2 VALE ROAD sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 2 VALE 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 2 VALE 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 2 VALE ROAD?

2 VALE ROAD is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 2 on VALE ROAD.