7, BROAD OAK CLOSE, TUNBRIDGE WELLS, TN2 5UF - £393,000

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

7 BROAD OAK CLOSE is a small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £393,000 in November 2013, which was around 28% below the average November 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

7 BROAD OAK CLOSE Sold Prices

Land registry data shows three sales for 7 BROAD OAK CLOSE since 1^st 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 7 BROAD OAK CLOSE 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
2013 25 NOV	£393,000	£549,006	28% below HPI
2007 4 APR	£390,000	£471,609	17% below HPI
1997 17 JUN	£147,500	£160,893	8% below HPI

7 BROAD OAK CLOSE 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 three 7 BROAD OAK CLOSE sales between June 1997 and November 2013 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 April 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 BROAD OAK CLOSE?

7 BROAD OAK CLOSE is 106m² according to the EPC inspection conducted in April 2012. 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 7 BROAD OAK CLOSE lies on this distribution: 21% of detached houses are smaller than 7 BROAD OAK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

7 BROAD OAK CLOSE: Plot and Title Map

7 BROAD OAK CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 7 BROAD OAK CLOSE, 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 7 BROAD OAK CLOSE). 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 7 BROAD OAK CLOSE?

7 BROAD OAK CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 7 on BROAD OAK CLOSE.