48, CLEVELAND, TUNBRIDGE WELLS, TN2 3NQ - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 CLEVELAND is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £530,002. It was last sold for £245,000 in April 2005, which was around 38% below the average April 2005 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

48 CLEVELAND Sold Prices

Land registry data shows two sales for 48 CLEVELAND 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 48 CLEVELAND 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
2005 19 APR	£245,000	£397,138	38% below HPI
1999 9 JUL	£133,000	£215,556	38% below HPI

48 CLEVELAND 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 48 CLEVELAND sales from July 1999 and April 2005 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 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2005 sale, which was also at 38% below the HPI.

What might 48 CLEVELAND be worth now?

48 CLEVELAND might now be worth an estimated £530,002.

This is based on house price inflation of 116.3%, between April 2005 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116.3% inflationary increase is applied to the most recent sale price for 48 CLEVELAND of £245,000 on 19th April 2005. For the value to have increased from £245,000 to £530,002 over the twenty years and two months to February 2025, the following assumptions must hold true:

• The value of 48 CLEVELAND has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The April 2005 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CLEVELAND has not materially changed since April 2005.

How Large is 48 CLEVELAND?

48 CLEVELAND is 78m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 48 CLEVELAND lies on this distribution: 6% of detached houses houses are smaller than 48 CLEVELAND, and 93% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

48 CLEVELAND: Plot and Title Map

48 CLEVELAND sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 48 CLEVELAND, 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 48 CLEVELAND). 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 48 CLEVELAND?

48 CLEVELAND is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 48 on CLEVELAND.