23, BROADWATER RISE, TUNBRIDGE WELLS, TN2 5UE - £550,000

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

23 BROADWATER RISE is a small detached house of 130m², built sometime between 1967 and 1975. It was last sold for £550,000 in August 2017, which was around 24% below the average August 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

23 BROADWATER RISE Sold Prices

Land registry data shows three sales for 23 BROADWATER RISE 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 23 BROADWATER RISE 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
2017 30 AUG	£550,000	£720,107	24% below HPI
2005 29 NOV	£319,950	£421,887	24% below HPI
2001 6 DEC	£285,000	£311,137	8% below HPI

23 BROADWATER RISE 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 23 BROADWATER RISE sales between December 2001 and August 2017 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 November 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, which was also at 24% below the HPI.

How Large is 23 BROADWATER RISE?

23 BROADWATER RISE is 130m² according to the EPC inspection conducted in November 2010. 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 23 BROADWATER RISE lies on this distribution: 38% of detached houses are smaller than 23 BROADWATER RISE, and 62% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

23 BROADWATER RISE: Plot and Title Map

23 BROADWATER RISE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 23 BROADWATER RISE, 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 23 BROADWATER RISE). 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 23 BROADWATER RISE?

23 BROADWATER RISE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 23 on BROADWATER RISE.