8, PARK STREET, TUNBRIDGE WELLS, TN2 4SP - £855,000

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 PARK STREET is a small extended detached house of 109m², built sometime between 1900 and 1929. It was last sold for £855,000 in November 2021, which was around 4% above the average November 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

8 PARK STREET Sold Prices

Land registry data shows two sales for 8 PARK STREET 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. One of the two 8 PARK STREET sales was for above the average price, whilst the other was 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
2021 5 NOV	£855,000	£820,612	4% above HPI
2014 25 JUL	£383,350	£571,904	33% below HPI

8 PARK STREET 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 PARK STREET sales from July 2014 and November 2021 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 July 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 PARK STREET?

8 PARK STREET is 109m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 PARK STREET lies on this distribution: 23% of detached houses are smaller than 8 PARK STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

8 PARK STREET: Plot and Title Map

8 PARK STREET sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 PARK STREET, 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 PARK STREET). 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 PARK STREET?

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