29, BROADMEAD, TUNBRIDGE WELLS, TN2 5RN - £505,000

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.

29 BROADMEAD is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £569,485. It was last sold for £505,000 in March 2021, which was around 34% below the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

29 BROADMEAD Sold Prices

Land registry data shows two sales for 29 BROADMEAD 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 29 BROADMEAD 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
2021 4 MAR	£505,000	£761,837	34% below HPI
2012 30 MAY	£375,000	£485,771	23% below HPI

29 BROADMEAD 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 29 BROADMEAD sales from May 2012 and March 2021 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 May 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 29 BROADMEAD be worth now?

29 BROADMEAD might now be worth an estimated £569,485.

This is based on house price inflation of 12.8%, between March 2021 and February 2025, for 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 12.8% inflationary increase is applied to the most recent sale price for 29 BROADMEAD of £505,000 on 4th March 2021. For the value to have increased from £505,000 to £569,485 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 29 BROADMEAD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The March 2021 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 29 BROADMEAD has not materially changed since March 2021.

How Large is 29 BROADMEAD?

29 BROADMEAD is 64m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 29 BROADMEAD lies on this distribution: 2% of detached houses houses are smaller than 29 BROADMEAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

29 BROADMEAD: Plot and Title Map

29 BROADMEAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 29 BROADMEAD, 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 29 BROADMEAD). 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 29 BROADMEAD?

29 BROADMEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 29 on BROADMEAD.