5, THE FORSTAL, PEMBURY, TUNBRIDGE WELLS, TN2 4EG - £415,000

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 THE FORSTAL is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £415,000 in June 2021, which was around 47% below the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 THE FORSTAL Sold Prices

Land registry data shows three sales for 5 THE FORSTAL 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 THE FORSTAL 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
2021 3 JUN	£415,000	£780,667	47% below HPI
2017 1 AUG	£375,000	£720,107	48% below HPI
2002 22 JAN	£135,000	£315,729	57% below HPI

5 THE FORSTAL 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 THE FORSTAL sales between January 2002 and June 2021 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 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 THE FORSTAL?

5 THE FORSTAL is 63m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where 5 THE FORSTAL lies on this distribution: 2% of detached houses are smaller than 5 THE FORSTAL, and 98% of houses are larger. Note that EPC data is not available for all properties in Pembury.

5 THE FORSTAL: Plot and Title Map

5 THE FORSTAL sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 5 THE FORSTAL, 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 THE FORSTAL). 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 THE FORSTAL?

5 THE FORSTAL is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 5 on THE FORSTAL.