38, ASHER REEDS, LANGTON GREEN, TUNBRIDGE WELLS, TN3 0AR - £660,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 ASHER REEDS is a midsized extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £815,696. It was last sold for £660,000 in October 2016, which was around 5% below the average October 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

38 ASHER REEDS Sold Prices

Land registry data shows three sales for 38 ASHER REEDS 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 38 ASHER REEDS 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
2016 27 OCT	£660,000	£695,134	5% below HPI
2007 5 DEC	£482,500	£497,806	3% below HPI
2004 17 SEP	£405,000	£424,957	5% below HPI

38 ASHER REEDS 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 38 ASHER REEDS sales between September 2004 and October 2016 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 December 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 38 ASHER REEDS be worth now?

38 ASHER REEDS might now be worth an estimated £815,696.

This is based on house price inflation of 23.6%, between October 2016 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 23.6% inflationary increase is applied to the most recent sale price for 38 ASHER REEDS of £660,000 on 27th October 2016. For the value to have increased from £660,000 to £815,696 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 ASHER REEDS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The October 2016 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ASHER REEDS has not materially changed since October 2016.

How Large is 38 ASHER REEDS?

38 ASHER REEDS is 148m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% 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 38 ASHER REEDS lies on this distribution: 43% of detached houses houses are smaller than 38 ASHER REEDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Langton Green.

38 ASHER REEDS: Plot and Title Map

38 ASHER REEDS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 38 ASHER REEDS, 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 38 ASHER REEDS). 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 38 ASHER REEDS?

38 ASHER REEDS is located in LANGTON GREEN, in the TN3 postcode district. The below map shows the position of No. 38 on ASHER REEDS.