8, OAKLANDS ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9SB - £982,500

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

8 OAKLANDS ROAD is a midsized extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £982,500 in October 2022, which was around 58% above the average October 2022 detached price in the Wealden local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

8 OAKLANDS ROAD Sold Prices

Land registry data shows four sales for 8 OAKLANDS 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 Wealden local authority area for the corresponding sale date. All of the four 8 OAKLANDS 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 5 OCT	£982,500	£622,554	58% above HPI
2011 28 APR	£580,000	£346,028	68% above HPI
2003 16 JUN	£457,500	£279,476	64% above HPI
1999 9 JUL	£295,000	£154,926	90% above HPI

8 OAKLANDS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 8 OAKLANDS ROAD sales between July 1999 and October 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 April 2011 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2022 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 8 OAKLANDS ROAD?

8 OAKLANDS ROAD is 167m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where 8 OAKLANDS ROAD lies on this distribution: 58% of detached houses are smaller than 8 OAKLANDS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

8 OAKLANDS ROAD: Plot and Title Map

8 OAKLANDS ROAD sits on a plot of roughly 0.216 of an acre, or 872m². The below map shows the location of 8 OAKLANDS 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 OAKLANDS 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 OAKLANDS ROAD?

8 OAKLANDS ROAD is located in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of No. 8 on OAKLANDS ROAD.