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 MEWS is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £545,000 in June 2021, which was around 30% below the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 THE MEWS since 1st 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 5 THE MEWS 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 28 JUN | £545,000 | £780,667 | 30% below HPI |
2011 25 OCT | £357,000 | £513,452 | 30% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 5 THE MEWS sales from October 2011 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 October 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, which was also at 30% below the HPI.
5 THE MEWS is 116m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% 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 MEWS lies on this distribution: 48% of detached houses are smaller than 5 THE MEWS, and 52% of houses are larger. Note that EPC data is not available for all properties in Pembury.
5 THE MEWS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5 THE MEWS, 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 MEWS). 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.
5 THE MEWS is located in PEMBURY, in the TN2 postcode district. The below map shows the position of No. 5 on THE MEWS.