241, FOREST ROAD, TUNBRIDGE WELLS, TN2 5HT - £1,387,500

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

241 FOREST ROAD is a large extended detached house of 221m², built sometime between 1930 and 1949. It was last sold for £1,387,500 in February 2017, which was around 96% above the average February 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

241 FOREST ROAD Sold Prices

Land registry data shows two sales for 241 FOREST ROAD 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 241 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
2017 10 FEB	£1,387,500	£706,453	96% above HPI
2011 5 APR	£1,200,000	£521,693	130% above HPI

241 FOREST ROAD 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 241 FOREST ROAD sales from April 2011 and February 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 April 2011 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the February 2017 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 241 FOREST ROAD?

241 FOREST ROAD is 221m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% 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 241 FOREST ROAD lies on this distribution: 79% of detached houses are smaller than 241 FOREST ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

241 FOREST ROAD: Plot and Title Map

241 FOREST ROAD sits on a plot of roughly 0.521 of an acre, or 2,107m². The below map shows the location of 241 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 241 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.

Where is 241 FOREST ROAD?

241 FOREST ROAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 241 on FOREST ROAD.