4, RIDGELANDS, PENSHURST ROAD, BIDBOROUGH, TUNBRIDGE WELLS, TN3 0XE - £460,000

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 RIDGELANDS is a very small extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £460,000 in June 2013, which was around 14% below the average June 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

4 RIDGELANDS Sold Prices

Land registry data shows two sales for 4 RIDGELANDS 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 RIDGELANDS 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 28 JUN	£460,000	£531,994	14% below HPI
2010 11 JAN	£405,000	£477,415	15% below HPI

4 RIDGELANDS 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 RIDGELANDS sales from January 2010 and June 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 RIDGELANDS?

4 RIDGELANDS is 131m², which includes three extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Bidborough, based on EPC data. The below chart shows the distribution of detached houses by size in Bidborough, and where 4 RIDGELANDS lies on this distribution: 20% of detached houses are smaller than 4 RIDGELANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Bidborough.

4 RIDGELANDS: Plot and Title Map

4 RIDGELANDS sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of 4 RIDGELANDS, 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 RIDGELANDS). 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 RIDGELANDS?

4 RIDGELANDS is located on PENSHURST ROAD in BIDBOROUGH, in the TN3 postcode district. The below map shows the position of 4 RIDGELANDS on PENSHURST ROAD.