3, CLEEVE AVENUE, TUNBRIDGE WELLS, TN2 4TY - £425,000

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

3 CLEEVE AVENUE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £425,000 in March 2019, which was around 41% below the average March 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 CLEEVE AVENUE Sold Prices

Land registry data shows two sales for 3 CLEEVE AVENUE 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 3 CLEEVE AVENUE 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
2019 4 MAR	£425,000	£719,046	41% below HPI
2004 5 MAY	£287,000	£410,330	30% below HPI

3 CLEEVE AVENUE 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 3 CLEEVE AVENUE sales from May 2004 and March 2019 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 CLEEVE AVENUE?

3 CLEEVE AVENUE is 83m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% 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 3 CLEEVE AVENUE lies on this distribution: 8% of detached houses are smaller than 3 CLEEVE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

3 CLEEVE AVENUE: Plot and Title Map

3 CLEEVE AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 3 CLEEVE AVENUE, 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 3 CLEEVE AVENUE). 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 3 CLEEVE AVENUE?

3 CLEEVE AVENUE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 3 on CLEEVE AVENUE.