7, FAIRLIGHT CLOSE, TUNBRIDGE WELLS, TN4 0TG - £1,805,000

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

7 FAIRLIGHT CLOSE is a very large extended detached house of 367m², built sometime between 1983 and 1990. It was last sold for £1,805,000 in May 2023, which was around 110% above the average May 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2019, where the current energy rating was A, and the potential energy rating was A.

7 FAIRLIGHT CLOSE Sold Prices

Land registry data shows three sales for 7 FAIRLIGHT 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 FAIRLIGHT CLOSE 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
2023 17 MAY	£1,805,000	£860,475	110% above HPI
2019 2 AUG	£1,485,000	£745,880	99% above HPI
2013 6 DEC	£995,000	£557,703	78% above HPI

7 FAIRLIGHT 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 FAIRLIGHT CLOSE sales between December 2013 and May 2023 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 2019 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the May 2023 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 7 FAIRLIGHT CLOSE?

7 FAIRLIGHT CLOSE is 367m², which includes four extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 7 FAIRLIGHT CLOSE lies on this distribution: 99% of detached houses are smaller than 7 FAIRLIGHT CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Southborough.

7 FAIRLIGHT CLOSE: Plot and Title Map

7 FAIRLIGHT CLOSE sits on a plot of roughly 0.542 of an acre, or 2,195m². The below map shows the location of 7 FAIRLIGHT 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 FAIRLIGHT 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 FAIRLIGHT CLOSE?

7 FAIRLIGHT CLOSE is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 7 on FAIRLIGHT CLOSE.