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 VALE ROAD is a large extended detached house of 174m², built sometime before 1900. It was last sold for £690,000 in January 2017, which was around 2% below the average January 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 23 VALE ROAD since 1st 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. Two of the three 23 VALE ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2017 13 JAN | £690,000 | £700,791 | 2% below HPI |
2013 20 SEP | £555,000 | £547,159 | 1% above HPI |
2006 1 SEP | £375,000 | £460,543 | 19% below HPI |
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 VALE ROAD sales between September 2006 and January 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 September 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
23 VALE ROAD is 174m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 23 VALE ROAD lies on this distribution: 75% of detached houses are smaller than 23 VALE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Southborough.
23 VALE ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 23 VALE 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 23 VALE 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.
23 VALE ROAD is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 23 on VALE ROAD.