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

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 MERCERS is a large detached house of 221m², built sometime between 1967 and 1975. It was last sold for £549,950 in May 2012, which was around 11% 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. Two of the three 3 MERCERS sales were for above the average price, whilst one was 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
2012 25 MAY	£549,950	£497,209	11% above HPI
1997 15 AUG	£175,000	£173,424	1% above HPI
1995 27 JUN	£136,000	£138,380	2% below 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

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 in Langton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Langton Green, and where 3 MERCERS lies on this distribution: 79% of detached 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.