40, WARWICK PARK, TUNBRIDGE WELLS, TN2 5TB - £1,680,000

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

40 WARWICK PARK is a midsized extended detached house of 146m², built sometime before 1900. It was last sold for £1,680,000 in July 2023, which was around 97% above the average July 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

40 WARWICK PARK Sold Prices

Land registry data shows four sales for 40 WARWICK PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 40 WARWICK PARK sales were for above 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 18 JUL	£1,680,000	£851,610	97% above HPI
2021 23 JUL	£1,275,000	£785,144	62% above HPI
2009 3 DEC	£825,000	£468,106	76% above HPI
2004 27 OCT	£530,000	£433,397	22% above HPI

40 WARWICK PARK 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 four 40 WARWICK PARK sales between October 2004 and July 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 July 2021 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the July 2023 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 40 WARWICK PARK?

40 WARWICK PARK is 146m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% 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 40 WARWICK PARK lies on this distribution: 48% of detached houses are smaller than 40 WARWICK PARK, and 52% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

40 WARWICK PARK: Plot and Title Map

40 WARWICK PARK sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 40 WARWICK PARK, 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 WARWICK PARK). 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 WARWICK PARK?

40 WARWICK PARK is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 40 on WARWICK PARK.