Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
8 BYNG ROAD is a large extended detached house of 188m², built sometime between 1930 and 1949. It was last sold for £1,370,000 in May 2022, which was around 64% above the average May 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 BYNG ROAD since 1st 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 8 BYNG ROAD 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 |
---|---|---|---|
2022 30 MAY | £1,370,000 | £837,424 | 64% above HPI |
2012 21 AUG | £799,950 | £526,990 | 52% above HPI |
1995 15 MAR | £199,000 | £136,034 | 46% above HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 8 BYNG ROAD sales between March 1995 and May 2022 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 2012 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.
8 BYNG ROAD is 188m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 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 BYNG ROAD lies on this distribution: 67% of detached houses are smaller than 8 BYNG ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.
8 BYNG ROAD sits on a plot of roughly 0.328 of an acre, or 1,326m². The below map shows the location of 8 BYNG 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 BYNG 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.
8 BYNG ROAD is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 8 on BYNG ROAD.