24, BROADWATER RISE, TUNBRIDGE WELLS, TN2 5UE - £597,500

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

24 BROADWATER RISE is a large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £597,500 in December 2013, which was around 7% above the average December 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

24 BROADWATER RISE Sold Prices

Land registry data shows two sales for 24 BROADWATER RISE 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. Both of the two 24 BROADWATER RISE 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
2013 6 DEC	£597,500	£557,703	7% above HPI
2001 2 JUL	£350,000	£301,923	16% above HPI

24 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 two 24 BROADWATER RISE sales from July 2001 and December 2013 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 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2013 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 24 BROADWATER RISE?

24 BROADWATER RISE is 182m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 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 24 BROADWATER RISE lies on this distribution: 66% of detached houses are smaller than 24 BROADWATER RISE, and 34% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

24 BROADWATER RISE: Plot and Title Map

24 BROADWATER RISE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 24 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 24 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 24 BROADWATER RISE?

24 BROADWATER RISE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 24 on BROADWATER RISE.