24, FROMANDEZ DRIVE, HORSMONDEN, TONBRIDGE, TN12 8LN - £210,000

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.

24 FROMANDEZ DRIVE is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £328,656. It was last sold for £210,000 in February 2015, which was around 34% below the average February 2015 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

24 FROMANDEZ DRIVE Sold Prices

Land registry data shows three sales for 24 FROMANDEZ 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. All of the three 24 FROMANDEZ DRIVE 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
2015 17 FEB	£210,000	£319,893	34% below HPI
2008 11 JAN	£197,500	£278,542	29% below HPI
1995 23 JUN	£69,000	£73,980	7% below HPI

24 FROMANDEZ 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 24 FROMANDEZ DRIVE sales between June 1995 and February 2015 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 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 24 FROMANDEZ DRIVE be worth now?

24 FROMANDEZ DRIVE might now be worth an estimated £328,656.

This is based on house price inflation of 56.5%, between February 2015 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 56.5% inflationary increase is applied to the most recent sale price for 24 FROMANDEZ DRIVE of £210,000 on 17th February 2015. For the value to have increased from £210,000 to £328,656 over the ten years to February 2025, the following assumptions must hold true:

• The value of 24 FROMANDEZ DRIVE has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The February 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FROMANDEZ DRIVE has not materially changed since February 2015.

How Large is 24 FROMANDEZ DRIVE?

24 FROMANDEZ DRIVE is 59m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Horsmonden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horsmonden, and where 24 FROMANDEZ DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 24 FROMANDEZ DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

24 FROMANDEZ DRIVE: Plot and Title Map

24 FROMANDEZ DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 24 FROMANDEZ 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 24 FROMANDEZ 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 24 FROMANDEZ DRIVE?

24 FROMANDEZ DRIVE is located in HORSMONDEN, in the TN12 postcode district. The below map shows the position of No. 24 on FROMANDEZ DRIVE.