21, RICHMOND PLACE, TUNBRIDGE WELLS, TN2 5JZ - £1,150,000

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.

21 RICHMOND PLACE is a very large detached house of 337m², built sometime between 1996 and 2002, which could now be worth an estimated £1,831,733. It was last sold for £1,150,000 in February 2014, which was around 113% above the average February 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

21 RICHMOND PLACE Sold Prices

Land registry data shows three sales for 21 RICHMOND PLACE 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 21 RICHMOND PLACE 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
2014 25 FEB	£1,150,000	£539,372	113% above HPI
2008 7 JUL	£999,950	£472,922	111% above HPI
2004 26 FEB	£815,000	£383,846	112% above HPI

21 RICHMOND PLACE 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 21 RICHMOND PLACE sales between February 2004 and February 2014 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 July 2008 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the February 2014 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 21 RICHMOND PLACE be worth now?

21 RICHMOND PLACE might now be worth an estimated £1,831,733.

This is based on house price inflation of 59.3%, between February 2014 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 59.3% inflationary increase is applied to the most recent sale price for 21 RICHMOND PLACE of £1,150,000 on 25th February 2014. For the value to have increased from £1,150,000 to £1,831,733 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 21 RICHMOND PLACE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2014 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RICHMOND PLACE has not materially changed since February 2014.

How Large is 21 RICHMOND PLACE?

21 RICHMOND PLACE is 337m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% 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 21 RICHMOND PLACE lies on this distribution: 95% of detached houses houses are smaller than 21 RICHMOND PLACE, and 5% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

21 RICHMOND PLACE: Plot and Title Map

21 RICHMOND PLACE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 21 RICHMOND PLACE, 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 21 RICHMOND PLACE). 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 21 RICHMOND PLACE?

21 RICHMOND PLACE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 21 on RICHMOND PLACE.