4, PENNINE WALK, TUNBRIDGE WELLS, TN2 3NN - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 PENNINE WALK is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £600,000 in August 2022, which was around 33% below the average August 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

4 PENNINE WALK Sold Prices

Land registry data shows two sales for 4 PENNINE WALK 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 PENNINE WALK 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 15 AUG	£600,000	£890,323	33% below HPI
2005 19 AUG	£310,000	£428,711	28% below HPI

4 PENNINE WALK 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 PENNINE WALK sales from August 2005 and August 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 August 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 PENNINE WALK?

4 PENNINE WALK is 107m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 4 PENNINE WALK lies on this distribution: 21% of detached houses are smaller than 4 PENNINE WALK, and 78% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

4 PENNINE WALK: Plot and Title Map

4 PENNINE WALK sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 PENNINE WALK, 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 PENNINE WALK). 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 PENNINE WALK?

4 PENNINE WALK is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 4 on PENNINE WALK.