37, BROADMEAD, TUNBRIDGE WELLS, TN2 5NE - £300,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

37 BROADMEAD is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £300,000 in June 2011, which was around 41% below the average June 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

37 BROADMEAD Sold Prices

Land registry data shows two sales for 37 BROADMEAD 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 37 BROADMEAD sales were 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
2011 22 JUN	£300,000	£509,629	41% below HPI
2003 8 MAY	£230,000	£367,645	37% below HPI

37 BROADMEAD 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 37 BROADMEAD sales from May 2003 and June 2011 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2011 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 37 BROADMEAD?

37 BROADMEAD is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% 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 37 BROADMEAD lies on this distribution: 22% of detached houses are smaller than 37 BROADMEAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

37 BROADMEAD: Plot and Title Map

37 BROADMEAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 37 BROADMEAD, 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 37 BROADMEAD). 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 37 BROADMEAD?

37 BROADMEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 37 on BROADMEAD.