22, FOREST WAY, TUNBRIDGE WELLS, TN2 5HA - £535,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

22 FOREST WAY is a small extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £535,000 in August 2014, which was around 10% below the average August 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

22 FOREST WAY Sold Prices

Land registry data shows three sales for 22 FOREST WAY 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 FOREST WAY 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
2014 15 AUG	£535,000	£597,640	10% below HPI
2010 23 APR	£398,000	£489,388	19% below HPI
2001 15 JUN	£269,000	£294,954	9% below HPI

22 FOREST WAY 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 FOREST WAY sales between June 2001 and August 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 April 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 22 FOREST WAY?

22 FOREST WAY is 132m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 22 FOREST WAY lies on this distribution: 39% of detached houses are smaller than 22 FOREST WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

22 FOREST WAY: Plot and Title Map

22 FOREST WAY sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 22 FOREST WAY, 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 FOREST WAY). 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 FOREST WAY?

22 FOREST WAY is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 22 on FOREST WAY.