23, CAVENDISH DRIVE, TUNBRIDGE WELLS, TN2 5DU - £425,000

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.

23 CAVENDISH DRIVE is a very small extended semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £510,489. It was last sold for £425,000 in September 2020, which was around 2% above the average September 2020 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

23 CAVENDISH DRIVE Sold Prices

Land registry data shows three sales for 23 CAVENDISH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. Two of the three 23 CAVENDISH DRIVE sales were for above the average price, whilst one was 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
2020 30 SEP	£425,000	£416,801	2% above HPI
1998 8 JUL	£95,000	£103,835	9% below HPI
1996 6 DEC	£80,000	£78,563	2% above HPI

23 CAVENDISH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 23 CAVENDISH DRIVE sales between December 1996 and September 2020 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 23 CAVENDISH DRIVE be worth now?

23 CAVENDISH DRIVE might now be worth an estimated £510,489.

This is based on house price inflation of 20.1%, between September 2020 and February 2025, for semi-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 20.1% inflationary increase is applied to the most recent sale price for 23 CAVENDISH DRIVE of £425,000 on 30th September 2020. For the value to have increased from £425,000 to £510,489 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 CAVENDISH DRIVE has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The September 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CAVENDISH DRIVE has not materially changed since September 2020.

How Large is 23 CAVENDISH DRIVE?

23 CAVENDISH DRIVE is 62m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of semi-detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Tunbridge Wells, and where 23 CAVENDISH DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 23 CAVENDISH DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

23 CAVENDISH DRIVE: Plot and Title Map

23 CAVENDISH DRIVE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 23 CAVENDISH DRIVE, 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 CAVENDISH DRIVE). 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 CAVENDISH DRIVE?

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