8, MILTON DRIVE, TUNBRIDGE WELLS, TN2 3DE - £473,500

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.

8 MILTON DRIVE is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £536,935. It was last sold for £473,500 in December 2020, which was around 38% below the average December 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 MILTON DRIVE Sold Prices

Land registry data shows two sales for 8 MILTON DRIVE 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 8 MILTON DRIVE 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
2020 17 DEC	£473,500	£757,620	38% below HPI
2016 13 MAY	£410,000	£658,666	38% below HPI

8 MILTON DRIVE 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 8 MILTON DRIVE sales from May 2016 and December 2020 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2020 sale, which was also at 38% below the HPI.

What might 8 MILTON DRIVE be worth now?

8 MILTON DRIVE might now be worth an estimated £536,935.

This is based on house price inflation of 13.4%, between December 2020 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 8 MILTON DRIVE of £473,500 on 17th December 2020. For the value to have increased from £473,500 to £536,935 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MILTON DRIVE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The December 2020 sale price of £473,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MILTON DRIVE has not materially changed since December 2020.

How Large is 8 MILTON DRIVE?

8 MILTON DRIVE is 89m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 8 MILTON DRIVE lies on this distribution: 11% of detached houses houses are smaller than 8 MILTON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

8 MILTON DRIVE: Plot and Title Map

8 MILTON DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 MILTON DRIVE, 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 MILTON DRIVE). 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 MILTON DRIVE?

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