2B, HILLCREST, TUNBRIDGE WELLS, TN4 0AH - £597,000

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

2B HILLCREST is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £597,000 in October 2020, which was around 21% below the average October 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2B HILLCREST Sold Prices

Land registry data shows two sales for 2B HILLCREST 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 2B HILLCREST 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
2020 26 OCT	£597,000	£759,750	21% below HPI
2015 22 MAY	£423,000	£615,529	31% below HPI

2B HILLCREST 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 2B HILLCREST sales from May 2015 and October 2020 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2B HILLCREST?

2B HILLCREST is 113m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 2B HILLCREST lies on this distribution: 23% of detached houses are smaller than 2B HILLCREST, and 77% of houses are larger. Note that EPC data is not available for all properties in Southborough.

2B HILLCREST: Plot and Title Map

2B HILLCREST sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2B HILLCREST, 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 2B HILLCREST). 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 2B HILLCREST?

2B HILLCREST is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 2B on HILLCREST.