3, MERCERS, LANGTON GREEN, TUNBRIDGE WELLS, TN3 0DE - £549,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MERCERS is a large detached house of 221m², built sometime between 1967 and 1975, which could now be worth an estimated £972,623. It was last sold for £549,950 in May 2012, which was around 13% above the average May 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

3 MERCERS Sold Prices

Land registry data shows three sales for 3 MERCERS 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 3 MERCERS 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
2012 25 MAY	£549,950	£485,771	13% above HPI
1997 15 AUG	£175,000	£169,434	3% above HPI
1995 27 JUN	£136,000	£135,197	1% above HPI

3 MERCERS 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 3 MERCERS sales between June 1995 and May 2012 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 August 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 MERCERS be worth now?

3 MERCERS might now be worth an estimated £972,623.

This is based on house price inflation of 76.9%, between May 2012 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 76.9% inflationary increase is applied to the most recent sale price for 3 MERCERS of £549,950 on 25th May 2012. For the value to have increased from £549,950 to £972,623 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MERCERS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The May 2012 sale price of £549,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MERCERS has not materially changed since May 2012.

How Large is 3 MERCERS?

3 MERCERS is 221m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Langton Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langton Green, and where 3 MERCERS lies on this distribution: 79% of detached houses houses are smaller than 3 MERCERS, and 21% of houses are larger. Note that EPC data is not available for all properties in Langton Green.

3 MERCERS: Plot and Title Map

3 MERCERS sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of 3 MERCERS, 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 MERCERS). 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 MERCERS?

3 MERCERS is located in LANGTON GREEN, in the TN3 postcode district. The below map shows the position of No. 3 on MERCERS.