22, MADEIRA PARK, TUNBRIDGE WELLS, TN2 5SX - £1,175,000

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 MADEIRA PARK is a midsized extended detached house of 153m², built sometime between 1900 and 1929, which could now be worth an estimated £1,598,500. It was last sold for £1,175,000 in August 2015, which was around 86% above the average August 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2014, where the current energy rating was F, and the potential energy rating was A.

22 MADEIRA PARK Sold Prices

Land registry data shows two sales for 22 MADEIRA PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 22 MADEIRA PARK 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
2015 5 AUG	£1,175,000	£631,507	86% above HPI
2007 17 DEC	£810,000	£497,806	63% above HPI

22 MADEIRA PARK 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 two 22 MADEIRA PARK sales from December 2007 and August 2015 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 December 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the August 2015 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 22 MADEIRA PARK be worth now?

22 MADEIRA PARK might now be worth an estimated £1,598,500.

This is based on house price inflation of 36%, between August 2015 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 36% inflationary increase is applied to the most recent sale price for 22 MADEIRA PARK of £1,175,000 on 5th August 2015. For the value to have increased from £1,175,000 to £1,598,500 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 22 MADEIRA PARK has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The August 2015 sale price of £1,175,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MADEIRA PARK has not materially changed since August 2015.

How Large is 22 MADEIRA PARK?

22 MADEIRA PARK is 153m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 50% 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 22 MADEIRA PARK lies on this distribution: 52% of detached houses houses are smaller than 22 MADEIRA PARK, and 48% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

22 MADEIRA PARK: Plot and Title Map

22 MADEIRA PARK sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 22 MADEIRA PARK, 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 MADEIRA PARK). 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 MADEIRA PARK?

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