22, CHESTNUT LANE, MATFIELD, TONBRIDGE, TN12 7JL - £318,000

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.

22 CHESTNUT LANE is a very small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £562,404. It was last sold for £318,000 in May 2012, which was around 35% below the average May 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

22 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 22 CHESTNUT LANE 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 22 CHESTNUT LANE 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
2012 4 MAY	£318,000	£485,771	35% below HPI
2006 2 OCT	£312,500	£454,254	31% below HPI
1997 23 JUN	£60,000	£157,192	62% below HPI

22 CHESTNUT LANE 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 22 CHESTNUT LANE sales between June 1997 and May 2012 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 October 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 22 CHESTNUT LANE be worth now?

22 CHESTNUT LANE might now be worth an estimated £562,404.

This is based on house price inflation of 76.9%, between May 2012 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 76.9% inflationary increase is applied to the most recent sale price for 22 CHESTNUT LANE of £318,000 on 4th May 2012. For the value to have increased from £318,000 to £562,404 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 22 CHESTNUT LANE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The May 2012 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHESTNUT LANE has not materially changed since May 2012.

How Large is 22 CHESTNUT LANE?

22 CHESTNUT LANE is 94m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Matfield, and where 22 CHESTNUT LANE lies on this distribution: 13% of detached houses houses are smaller than 22 CHESTNUT LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Matfield.

22 CHESTNUT LANE: Plot and Title Map

22 CHESTNUT LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 22 CHESTNUT LANE, 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 22 CHESTNUT LANE). 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 22 CHESTNUT LANE?

22 CHESTNUT LANE is located in MATFIELD, in the TN12 postcode district. The below map shows the position of No. 22 on CHESTNUT LANE.