8, VALE AVENUE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0QL - £395,000

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 VALE AVENUE is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £395,000 in August 2019, which was around 47% below the average August 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

8 VALE AVENUE Sold Prices

Land registry data shows two sales for 8 VALE AVENUE 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 VALE AVENUE 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
2019 29 AUG	£395,000	£745,880	47% below HPI
2006 24 JUL	£250,000	£450,092	44% below HPI

8 VALE AVENUE 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 VALE AVENUE sales from July 2006 and August 2019 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 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 8 VALE AVENUE?

8 VALE AVENUE is 62m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 8 VALE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 8 VALE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southborough.

8 VALE AVENUE: Plot and Title Map

8 VALE AVENUE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 8 VALE AVENUE, 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 VALE AVENUE). 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 VALE AVENUE?

8 VALE AVENUE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 8 on VALE AVENUE.