4, MORLAND DRIVE, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HZ - £412,000

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

4 MORLAND DRIVE is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £412,000 in December 2013, which was around 26% below the average December 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

4 MORLAND DRIVE Sold Prices

Land registry data shows two sales for 4 MORLAND DRIVE 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 4 MORLAND 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
2013 10 DEC	£412,000	£557,703	26% below HPI
1998 22 JAN	£140,000	£187,505	25% below HPI

4 MORLAND 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 two 4 MORLAND DRIVE sales from January 1998 and December 2013 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 January 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 MORLAND DRIVE?

4 MORLAND DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where 4 MORLAND DRIVE lies on this distribution: 21% of detached houses are smaller than 4 MORLAND DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

4 MORLAND DRIVE: Plot and Title Map

4 MORLAND DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 MORLAND 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 4 MORLAND 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 4 MORLAND DRIVE?

4 MORLAND DRIVE is located in LAMBERHURST, in the TN3 postcode district. The below map shows the position of No. 4 on MORLAND DRIVE.