33, HOLMEWOOD RIDGE, LANGTON GREEN, TUNBRIDGE WELLS, TN3 0ED - £1,130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

33 HOLMEWOOD RIDGE is a large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £1,360,515. It was last sold for £1,130,000 in February 2019, which was around 58% above the average February 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

33 HOLMEWOOD RIDGE Sold Prices

Land registry data shows two sales for 33 HOLMEWOOD RIDGE 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 33 HOLMEWOOD RIDGE 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 8 FEB	£1,130,000	£713,556	58% above HPI
2002 30 SEP	£480,000	£343,663	40% above HPI

33 HOLMEWOOD RIDGE 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 33 HOLMEWOOD RIDGE sales from September 2002 and February 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 September 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 33 HOLMEWOOD RIDGE be worth now?

33 HOLMEWOOD RIDGE might now be worth an estimated £1,360,515.

This is based on house price inflation of 20.4%, between February 2019 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 20.4% inflationary increase is applied to the most recent sale price for 33 HOLMEWOOD RIDGE of £1,130,000 on 8th February 2019. For the value to have increased from £1,130,000 to £1,360,515 over the six years to February 2025, the following assumptions must hold true:

• The value of 33 HOLMEWOOD RIDGE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2019 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of 33 HOLMEWOOD RIDGE has not materially changed since February 2019.

How Large is 33 HOLMEWOOD RIDGE?

33 HOLMEWOOD RIDGE is 177m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 33 HOLMEWOOD RIDGE lies on this distribution: 61% of detached houses houses are smaller than 33 HOLMEWOOD RIDGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Langton Green.

33 HOLMEWOOD RIDGE: Plot and Title Map

33 HOLMEWOOD RIDGE sits on a plot of roughly 0.457 of an acre, or 1,850m². The below map shows the location of 33 HOLMEWOOD RIDGE, 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 33 HOLMEWOOD RIDGE). 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 33 HOLMEWOOD RIDGE?

33 HOLMEWOOD RIDGE is located in LANGTON GREEN, in the TN3 postcode district. The below map shows the position of No. 33 on HOLMEWOOD RIDGE.