40, SPELDHURST ROAD, TUNBRIDGE WELLS, TN4 0DY - £655,000

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

40 SPELDHURST ROAD is a very small detached house of 97m², built sometime between 1900 and 1929. It was last sold for £655,000 in December 2023, which was around 23% below the average December 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

40 SPELDHURST ROAD Sold Prices

Land registry data shows six sales for 40 SPELDHURST ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the six 40 SPELDHURST ROAD 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 12 DEC	£655,000	£853,856	23% below HPI
2020 14 AUG	£575,000	£733,603	22% below HPI
2014 7 NOV	£415,000	£607,738	32% below HPI
2006 30 JUN	£305,000	£442,911	31% below HPI
1998 24 JUL	£136,000	£199,845	32% below HPI
1995 12 SEP	£100,500	£147,376	32% below HPI

40 SPELDHURST ROAD 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 six 40 SPELDHURST ROAD sales between September 1995 and December 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 August 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 40 SPELDHURST ROAD?

40 SPELDHURST ROAD is 97m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 40 SPELDHURST ROAD lies on this distribution: 13% of detached houses are smaller than 40 SPELDHURST ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Southborough.

40 SPELDHURST ROAD: Plot and Title Map

40 SPELDHURST ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 40 SPELDHURST ROAD, 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 40 SPELDHURST ROAD). 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 40 SPELDHURST ROAD?

40 SPELDHURST ROAD is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 40 on SPELDHURST ROAD.