Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
6 VALE AVENUE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £295,000 in December 2014, which was around 51% below the average December 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 6 VALE AVENUE 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 6 VALE AVENUE 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 10 DEC | £295,000 | £600,439 | 51% below HPI |
2000 13 OCT | £157,000 | £284,841 | 45% below HPI |
1997 8 DEC | £118,000 | £183,743 | 36% 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 6 VALE AVENUE sales between December 1997 and December 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 October 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2014 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
6 VALE AVENUE is 68m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 6 VALE AVENUE lies on this distribution: 1% of detached houses are smaller than 6 VALE AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southborough.
6 VALE AVENUE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 6 VALE AVENUE, 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 6 VALE AVENUE). 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.
6 VALE AVENUE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 6 on VALE AVENUE.