50, CLEVELAND, TUNBRIDGE WELLS, TN2 3NQ - £330,000

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

50 CLEVELAND is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £330,000 in April 2014, which was around 41% below the average April 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

50 CLEVELAND Sold Prices

Land registry data shows four sales for 50 CLEVELAND since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 50 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
2014 11 APR	£330,000	£556,352	41% below HPI
2009 19 AUG	£290,000	£450,603	36% below HPI
2007 12 NOV	£299,000	£512,673	42% below HPI
1998 26 FEB	£111,000	£188,027	41% below HPI

50 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 four 50 CLEVELAND sales between February 1998 and April 2014 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 50 CLEVELAND?

50 CLEVELAND is 74m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 50 CLEVELAND lies on this distribution: 4% of detached houses are smaller than 50 CLEVELAND, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

50 CLEVELAND: Plot and Title Map

50 CLEVELAND sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 50 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 50 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 50 CLEVELAND?

50 CLEVELAND is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 50 on CLEVELAND.