3, ROYAL CHASE, TUNBRIDGE WELLS, TN4 8AX - £730,000

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 ROYAL CHASE is a very large detached house of 252m², built sometime between 1900 and 1929. It was last sold for £730,000 in August 2006, which was around 59% above the average August 2006 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

3 ROYAL CHASE Sold Prices

Land registry data shows two sales for 3 ROYAL CHASE 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 ROYAL CHASE 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
2006 31 AUG	£730,000	£458,159	59% above HPI
2005 16 MAY	£620,000	£406,292	53% above HPI

3 ROYAL CHASE 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 ROYAL CHASE sales from May 2005 and August 2006 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 2005 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2006 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 3 ROYAL CHASE?

3 ROYAL CHASE is 252m² according to the EPC inspection conducted in February 2023. This puts it in the largest 20% 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 ROYAL CHASE lies on this distribution: 86% of detached houses are smaller than 3 ROYAL CHASE, and 14% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

3 ROYAL CHASE: Plot and Title Map

3 ROYAL CHASE sits on a plot of roughly 0.268 of an acre, or 1,083m². The below map shows the location of 3 ROYAL CHASE, 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 ROYAL CHASE). 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 ROYAL CHASE?

3 ROYAL CHASE is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 3 on ROYAL CHASE.