62, MADEIRA PARK, TUNBRIDGE WELLS, TN2 5SX - £1,150,000

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

62 MADEIRA PARK is a large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £1,150,000 in September 2020, which was around 53% above the average September 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

62 MADEIRA PARK Sold Prices

Land registry data shows two sales for 62 MADEIRA PARK since 1^st 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 62 MADEIRA PARK sales were for above 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
2020 22 SEP	£1,150,000	£753,824	53% above HPI
2009 23 JUN	£635,000	£439,978	44% above HPI

62 MADEIRA PARK 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 two 62 MADEIRA PARK sales from June 2009 and September 2020 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 June 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 62 MADEIRA PARK?

62 MADEIRA PARK is 177m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% 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 62 MADEIRA PARK lies on this distribution: 63% of detached houses are smaller than 62 MADEIRA PARK, and 36% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

62 MADEIRA PARK: Plot and Title Map

62 MADEIRA PARK sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 62 MADEIRA PARK, 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 62 MADEIRA PARK). 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 62 MADEIRA PARK?

62 MADEIRA PARK is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 62 on MADEIRA PARK.