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
233A FOREST ROAD is a very large extended detached house of 351m², built sometime between 2003 and 2006. It was last sold for £1,505,051 in December 2023, which was around 76% above the average December 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 233A FOREST ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 233A FOREST 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 |
---|---|---|---|
2023 8 DEC | £1,505,051 | £853,856 | 76% above HPI |
2018 15 JAN | £1,350,000 | £713,083 | 89% above HPI |
2013 25 OCT | £1,100,000 | £544,760 | 102% above HPI |
2003 4 MAR | £875,000 | £371,117 | 136% above HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The four 233A FOREST ROAD sales between March 2003 and December 2023 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 2018 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the December 2023 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.
233A FOREST ROAD is 351m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% 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 233A FOREST ROAD lies on this distribution: 96% of detached houses are smaller than 233A FOREST ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.
233A FOREST ROAD sits on a plot of roughly 0.313 of an acre, or 1,268m². The below map shows the location of 233A FOREST 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 233A FOREST 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.
233A FOREST ROAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 233A on FOREST ROAD.