27, MERRION WAY, TUNBRIDGE WELLS, TN4 9JL - £315,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

27 MERRION WAY is a midsized detached house of 150m², built sometime between 1967 and 1975. It was last sold for £315,000 in July 2013, which was around 42% below the average July 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

27 MERRION WAY Sold Prices

Land registry data shows three sales for 27 MERRION WAY since 1^st 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. All of the three 27 MERRION WAY 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
2013 30 JUL	£315,000	£540,612	42% below HPI
2005 2 DEC	£242,500	£415,763	42% below HPI
1995 6 OCT	£60,000	£143,797	58% below HPI

27 MERRION WAY 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 three 27 MERRION WAY sales between October 1995 and July 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 December 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2013 sale, which was also at 42% below the HPI.

How Large is 27 MERRION WAY?

27 MERRION WAY is 150m² according to the EPC inspection conducted in December 2012. This puts it in the largest 50% 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 27 MERRION WAY lies on this distribution: 50% of detached houses are smaller than 27 MERRION WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

27 MERRION WAY: Plot and Title Map

27 MERRION WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 27 MERRION WAY, 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 27 MERRION WAY). 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 27 MERRION WAY?

27 MERRION WAY is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 27 on MERRION WAY.