7, ROMNEY WAY, TONBRIDGE, TN10 4PG - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ROMNEY WAY is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £540,294. It was last sold for £370,000 in May 2015, which was around 22% below the average May 2015 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 ROMNEY WAY Sold Prices

Land registry data shows two sales for 7 ROMNEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 7 ROMNEY WAY 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
2015 14 MAY	£370,000	£471,413	22% below HPI
2002 23 AUG	£225,000	£279,972	20% below HPI

7 ROMNEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 7 ROMNEY WAY sales from August 2002 and May 2015 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 ROMNEY WAY be worth now?

7 ROMNEY WAY might now be worth an estimated £540,294.

This is based on house price inflation of 46%, between May 2015 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 7 ROMNEY WAY of £370,000 on 14th May 2015. For the value to have increased from £370,000 to £540,294 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 7 ROMNEY WAY has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The May 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROMNEY WAY has not materially changed since May 2015.

How Large is 7 ROMNEY WAY?

7 ROMNEY WAY is 78m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Tonbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tonbridge, and where 7 ROMNEY WAY lies on this distribution: 8% of detached houses houses are smaller than 7 ROMNEY WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.

7 ROMNEY WAY: Plot and Title Map

7 ROMNEY WAY sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 7 ROMNEY WAY, 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 ROMNEY WAY). 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 ROMNEY WAY?

7 ROMNEY WAY is located in TONBRIDGE, in the TN10 postcode district. The below map shows the position of No. 7 on ROMNEY WAY.