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
54 CLEVELAND is a small extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £429,500 in August 2014, which was around 28% below the average August 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 54 CLEVELAND since 1st 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 54 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 22 AUG | £429,500 | £597,640 | 28% below HPI |
2009 17 FEB | £337,500 | £404,158 | 16% below HPI |
2003 25 JUN | £315,000 | £371,591 | 15% 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 three 54 CLEVELAND sales between June 2003 and August 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 February 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
54 CLEVELAND is 115m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 54 CLEVELAND lies on this distribution: 27% of detached houses are smaller than 54 CLEVELAND, and 72% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.
54 CLEVELAND sits on a plot of roughly 0.095 of an acre, or 382m². The below map shows the location of 54 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 54 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.
54 CLEVELAND is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 54 on CLEVELAND.