7, GRAMPIAN CLOSE, TUNBRIDGE WELLS, TN2 3NR - £560,000

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 GRAMPIAN CLOSE is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £560,000 in August 2024, which was around 31% below the average August 2024 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

7 GRAMPIAN CLOSE Sold Prices

Land registry data shows two sales for 7 GRAMPIAN CLOSE 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 7 GRAMPIAN 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
2024 29 AUG	£560,000	£816,518	31% below HPI
2018 8 MAY	£410,000	£740,561	45% below HPI

7 GRAMPIAN 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 two 7 GRAMPIAN CLOSE sales from May 2018 and August 2024 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 May 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 GRAMPIAN CLOSE?

7 GRAMPIAN CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 GRAMPIAN CLOSE lies on this distribution: 8% of detached houses are smaller than 7 GRAMPIAN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

7 GRAMPIAN CLOSE: Plot and Title Map

7 GRAMPIAN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 GRAMPIAN 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 GRAMPIAN 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 GRAMPIAN CLOSE?

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