37, HERONS WAY, PEMBURY, TUNBRIDGE WELLS, TN2 4DW - £540,000

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

37 HERONS WAY is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £540,000 in June 2022, which was around 36% below the average June 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

37 HERONS WAY Sold Prices

Land registry data shows three sales for 37 HERONS WAY 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 HERONS WAY 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
2022 10 JUN	£540,000	£848,601	36% below HPI
2004 27 FEB	£281,000	£392,884	28% below HPI
1998 18 NOV	£137,000	£201,954	32% below HPI

37 HERONS WAY 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 HERONS WAY sales between November 1998 and June 2022 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 February 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 37 HERONS WAY?

37 HERONS WAY is 119m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 37 HERONS WAY lies on this distribution: 50% of detached houses are smaller than 37 HERONS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Pembury.

37 HERONS WAY: Plot and Title Map

37 HERONS WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 37 HERONS WAY, 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 HERONS WAY). 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 HERONS WAY?

37 HERONS WAY is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 37 on HERONS WAY.