22, PARK ROAD, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0NX - £1,750,000

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 PARK ROAD is a very large extended detached house of 380m², built sometime before 1900. It was last sold for £1,750,000 in December 2022, which was around 91% above the average December 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

22 PARK ROAD Sold Prices

Land registry data shows three sales for 22 PARK ROAD 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 PARK ROAD 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
2022 13 DEC	£1,750,000	£915,148	91% above HPI
2004 15 JAN	£775,000	£388,550	99% above HPI
1998 27 FEB	£327,000	£188,027	74% above HPI

22 PARK ROAD 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 PARK ROAD sales between February 1998 and December 2022 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 January 2004 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the December 2022 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 22 PARK ROAD?

22 PARK ROAD is 380m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% 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 PARK ROAD lies on this distribution: More than 99% of detached houses are smaller than 22 PARK ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Southborough.

22 PARK ROAD: Plot and Title Map

22 PARK ROAD sits on a plot of roughly 0.364 of an acre, or 1,474m². The below map shows the location of 22 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

22 PARK ROAD is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 22 on PARK ROAD.