5, RICHMOND PLACE, TUNBRIDGE WELLS, TN2 5JZ - £860,000

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

5 RICHMOND PLACE is a very large detached house of 317m², built sometime between 1996 and 2002. It was last sold for £860,000 in December 2005, which was around 107% above the average December 2005 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

5 RICHMOND PLACE Sold Prices

Land registry data shows three sales for 5 RICHMOND PLACE 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 5 RICHMOND PLACE 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
2005 7 DEC	£860,000	£415,763	107% above HPI
2001 15 MAY	£595,000	£292,060	104% above HPI
1999 30 SEP	£575,000	£232,822	147% above HPI

5 RICHMOND PLACE 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 5 RICHMOND PLACE sales between September 1999 and December 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 May 2001 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the December 2005 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is 5 RICHMOND PLACE?

5 RICHMOND PLACE is 317m² according to the EPC inspection conducted in January 2016. This puts it in the largest 10% 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 5 RICHMOND PLACE lies on this distribution: 94% of detached houses are smaller than 5 RICHMOND PLACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

5 RICHMOND PLACE: Plot and Title Map

5 RICHMOND PLACE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 5 RICHMOND PLACE, 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 5 RICHMOND PLACE). 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 5 RICHMOND PLACE?

5 RICHMOND PLACE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 5 on RICHMOND PLACE.