4, THE BINES, PADDOCK WOOD, TONBRIDGE, TN12 6LN - £465,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 THE BINES is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £465,000 in October 2023, which was around 46% below the average October 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

4 THE BINES Sold Prices

Land registry data shows three sales for 4 THE BINES 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 4 THE BINES 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
2023 10 OCT	£465,000	£861,603	46% below HPI
2012 5 OCT	£280,000	£523,639	47% below HPI
1997 24 MAR	£95,000	£155,887	39% below HPI

4 THE BINES 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 4 THE BINES sales between March 1997 and October 2023 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 October 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2023 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 4 THE BINES?

4 THE BINES is 90m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Paddock Wood, and where 4 THE BINES lies on this distribution: 10% of detached houses are smaller than 4 THE BINES, and 90% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

4 THE BINES: Plot and Title Map

4 THE BINES sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 4 THE BINES, 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 THE BINES). 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 THE BINES?

4 THE BINES is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 4 on THE BINES.