37, CAVENDISH DRIVE, TUNBRIDGE WELLS, TN2 5DY - £532,500

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.

37 CAVENDISH DRIVE is a very small detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £576,923. It was last sold for £532,500 in September 2021, which was around 33% below the average September 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

37 CAVENDISH DRIVE Sold Prices

Land registry data shows three sales for 37 CAVENDISH DRIVE 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 37 CAVENDISH DRIVE 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
2021 24 SEP	£532,500	£792,966	33% below HPI
1996 4 SEP	£125,000	£146,725	15% below HPI
1995 29 AUG	£88,750	£141,914	37% below HPI

37 CAVENDISH DRIVE 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 37 CAVENDISH DRIVE sales between August 1995 and September 2021 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 37 CAVENDISH DRIVE be worth now?

37 CAVENDISH DRIVE might now be worth an estimated £576,923.

This is based on house price inflation of 8.3%, between September 2021 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 8.3% inflationary increase is applied to the most recent sale price for 37 CAVENDISH DRIVE of £532,500 on 24th September 2021. For the value to have increased from £532,500 to £576,923 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 CAVENDISH DRIVE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The September 2021 sale price of £532,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CAVENDISH DRIVE has not materially changed since September 2021.

How Large is 37 CAVENDISH DRIVE?

37 CAVENDISH DRIVE is 71m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 37 CAVENDISH DRIVE lies on this distribution: 3% of detached houses houses are smaller than 37 CAVENDISH DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

37 CAVENDISH DRIVE: Plot and Title Map

37 CAVENDISH DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 37 CAVENDISH DRIVE, 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 CAVENDISH DRIVE). 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 CAVENDISH DRIVE?

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