22, THE RIDGEWAYE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0AD - £695,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 THE RIDGEWAYE is a midsized extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £695,000 in March 2018, which was around 4% below the average March 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

22 THE RIDGEWAYE Sold Prices

Land registry data shows two sales for 22 THE RIDGEWAYE 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. One of the two 22 THE RIDGEWAYE sales was for below the average price, whilst the other was 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
2018 27 MAR	£695,000	£727,380	4% below HPI
2007 3 JUL	£485,000	£480,538	1% above HPI

22 THE RIDGEWAYE 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 THE RIDGEWAYE sales from July 2007 and March 2018 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 July 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 22 THE RIDGEWAYE?

22 THE RIDGEWAYE is 140m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% 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 THE RIDGEWAYE lies on this distribution: 48% of detached houses are smaller than 22 THE RIDGEWAYE, and 50% of houses are larger. Note that EPC data is not available for all properties in Southborough.

22 THE RIDGEWAYE: Plot and Title Map

22 THE RIDGEWAYE sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of 22 THE RIDGEWAYE, 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 THE RIDGEWAYE). 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 THE RIDGEWAYE?

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