43, ORCHARD WAY, HORSMONDEN, TONBRIDGE, TN12 8LA - £500,000

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

43 ORCHARD WAY is a midsized extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £500,000 in July 2016, which was around 28% below the average July 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

43 ORCHARD WAY Sold Prices

Land registry data shows three sales for 43 ORCHARD WAY 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 43 ORCHARD WAY 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
2016 25 JUL	£500,000	£692,972	28% below HPI
2002 15 AUG	£242,000	£343,901	30% below HPI
1996 5 NOV	£120,000	£148,313	19% below HPI

43 ORCHARD WAY 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 43 ORCHARD WAY sales between November 1996 and July 2016 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 43 ORCHARD WAY?

43 ORCHARD WAY is 146m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses by size in Horsmonden, and where 43 ORCHARD WAY lies on this distribution: 58% of detached houses are smaller than 43 ORCHARD WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

43 ORCHARD WAY: Plot and Title Map

43 ORCHARD WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 43 ORCHARD WAY, 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 43 ORCHARD WAY). 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 43 ORCHARD WAY?

43 ORCHARD WAY is located in HORSMONDEN, in the TN12 postcode district. The below map shows the position of No. 43 on ORCHARD WAY.