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
22 HILLCREST is a very small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £625,000 in February 2019, which was around 14% below the average February 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 22 HILLCREST since 1st 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 HILLCREST 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 8 FEB | £625,000 | £730,357 | 14% below HPI |
2015 8 MAY | £490,000 | £615,529 | 20% below HPI |
2007 23 OCT | £305,250 | £509,041 | 40% below HPI |
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 HILLCREST sales between October 2007 and February 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
22 HILLCREST is 95m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 22 HILLCREST lies on this distribution: 12% of detached houses are smaller than 22 HILLCREST, and 88% of houses are larger. Note that EPC data is not available for all properties in Southborough.
22 HILLCREST sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 22 HILLCREST, 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 HILLCREST). 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.
22 HILLCREST is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 22 on HILLCREST.