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 LAMBERTS PLACE is a large extended detached house of 192m², built sometime between 1996 and 2002. It was last sold for £790,000 in October 2019, which was around 6% above the average October 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 3 LAMBERTS PLACE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 3 LAMBERTS PLACE 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 |
---|---|---|---|
2019 28 OCT | £790,000 | £743,386 | 6% above HPI |
2006 14 JUN | £527,000 | £442,911 | 19% above HPI |
1999 3 JUN | £305,000 | £212,823 | 43% above HPI |
1998 1 MAY | £279,000 | £195,286 | 43% above HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The four 3 LAMBERTS PLACE sales between May 1998 and October 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 June 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
3 LAMBERTS PLACE is 192m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses by size in Horsmonden, and where 3 LAMBERTS PLACE lies on this distribution: 80% of detached houses are smaller than 3 LAMBERTS PLACE, and 18% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.
3 LAMBERTS PLACE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 3 LAMBERTS PLACE, 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 LAMBERTS PLACE). 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.
3 LAMBERTS PLACE is located in HORSMONDEN, in the TN12 postcode district. The below map shows the position of No. 3 on LAMBERTS PLACE.