38, NEWLANDS, LANGTON GREEN, TUNBRIDGE WELLS, TN3 0DB - £1,040,000

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.

38 NEWLANDS is a large extended detached house of 214m², built sometime between 1950 and 1966, which could now be worth an estimated £1,226,095. It was last sold for £1,040,000 in August 2019, which was around 43% above the average August 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.

38 NEWLANDS Sold Prices

Land registry data shows two sales for 38 NEWLANDS 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 38 NEWLANDS 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 5 AUG	£1,040,000	£728,722	43% above HPI
2007 20 JUL	£515,000	£469,483	10% above HPI

38 NEWLANDS 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 38 NEWLANDS sales from July 2007 and August 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 July 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 38 NEWLANDS be worth now?

38 NEWLANDS might now be worth an estimated £1,226,095.

This is based on house price inflation of 17.9%, between August 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 17.9% inflationary increase is applied to the most recent sale price for 38 NEWLANDS of £1,040,000 on 5th August 2019. For the value to have increased from £1,040,000 to £1,226,095 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 38 NEWLANDS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The August 2019 sale price of £1,040,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NEWLANDS has not materially changed since August 2019.

How Large is 38 NEWLANDS?

38 NEWLANDS is 214m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% 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 NEWLANDS lies on this distribution: 76% of detached houses houses are smaller than 38 NEWLANDS, and 23% of houses are larger. Note that EPC data is not available for all properties in Langton Green.

38 NEWLANDS: Plot and Title Map

38 NEWLANDS sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of 38 NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

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