8, BANNER FARM ROAD, TUNBRIDGE WELLS, TN2 5EA - £420,000

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

8 BANNER FARM ROAD is a small extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £420,000 in December 2010, which was around 15% below the average December 2010 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

8 BANNER FARM ROAD Sold Prices

Land registry data shows four sales for 8 BANNER FARM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 8 BANNER FARM ROAD 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
2010 10 DEC	£420,000	£492,523	15% below HPI
2007 7 SEP	£375,000	£499,935	25% below HPI
2005 4 NOV	£321,750	£421,887	24% below HPI
1998 5 MAY	£109,000	£195,286	44% below HPI

8 BANNER FARM ROAD 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 four 8 BANNER FARM ROAD sales between May 1998 and December 2010 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 September 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 BANNER FARM ROAD?

8 BANNER FARM ROAD is 124m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 8 BANNER FARM ROAD lies on this distribution: 34% of detached houses are smaller than 8 BANNER FARM ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

8 BANNER FARM ROAD: Plot and Title Map

8 BANNER FARM ROAD sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 8 BANNER FARM ROAD, 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 8 BANNER FARM ROAD). 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 8 BANNER FARM ROAD?

8 BANNER FARM ROAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 8 on BANNER FARM ROAD.