48, THE RIDGEWAYE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0AE - £593,300

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 THE RIDGEWAYE is a very small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £732,226. It was last sold for £593,300 in April 2019, which was around 15% below the average April 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

48 THE RIDGEWAYE Sold Prices

Land registry data shows three sales for 48 THE RIDGEWAYE 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 48 THE RIDGEWAYE 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
2019 2 APR	£593,300	£696,117	15% below HPI
2009 28 SEP	£390,000	£449,870	13% below HPI
2004 15 JUL	£380,000	£410,232	7% below HPI

48 THE RIDGEWAYE 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 48 THE RIDGEWAYE sales between July 2004 and April 2019 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 September 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 48 THE RIDGEWAYE be worth now?

48 THE RIDGEWAYE might now be worth an estimated £732,226.

This is based on house price inflation of 23.4%, between April 2019 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 23.4% inflationary increase is applied to the most recent sale price for 48 THE RIDGEWAYE of £593,300 on 2nd April 2019. For the value to have increased from £593,300 to £732,226 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 48 THE RIDGEWAYE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The April 2019 sale price of £593,300 represented a fair market value for the property.
• The size, condition, and specification of 48 THE RIDGEWAYE has not materially changed since April 2019.

How Large is 48 THE RIDGEWAYE?

48 THE RIDGEWAYE is 89m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southborough, and where 48 THE RIDGEWAYE lies on this distribution: 9% of detached houses houses are smaller than 48 THE RIDGEWAYE, and 91% of houses are larger. Note that EPC data is not available for all properties in Southborough.

48 THE RIDGEWAYE: Plot and Title Map

48 THE RIDGEWAYE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 48 THE RIDGEWAYE, 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 THE RIDGEWAYE). 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 THE RIDGEWAYE?

48 THE RIDGEWAYE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 48 on THE RIDGEWAYE.