9, OSPRINGE PLACE, TUNBRIDGE WELLS, TN2 4QD - £875,000

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.

9 OSPRINGE PLACE is a large extended detached house of 207m², built sometime between 1996 and 2002, which could now be worth an estimated £1,308,136. It was last sold for £875,000 in February 2015, which was around 52% above the average February 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

9 OSPRINGE PLACE Sold Prices

Land registry data shows three sales for 9 OSPRINGE PLACE since 1^st 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 9 OSPRINGE PLACE 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
2015 26 FEB	£875,000	£574,656	52% above HPI
2006 30 NOV	£625,000	£452,271	38% above HPI
1997 31 JUL	£315,000	£163,739	92% above HPI

9 OSPRINGE PLACE 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 three 9 OSPRINGE PLACE sales between July 1997 and February 2015 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 November 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 9 OSPRINGE PLACE be worth now?

9 OSPRINGE PLACE might now be worth an estimated £1,308,136.

This is based on house price inflation of 49.5%, between February 2015 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 49.5% inflationary increase is applied to the most recent sale price for 9 OSPRINGE PLACE of £875,000 on 26th February 2015. For the value to have increased from £875,000 to £1,308,136 over the ten years to February 2025, the following assumptions must hold true:

• The value of 9 OSPRINGE PLACE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2015 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OSPRINGE PLACE has not materially changed since February 2015.

How Large is 9 OSPRINGE PLACE?

9 OSPRINGE PLACE is 207m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 9 OSPRINGE PLACE lies on this distribution: 75% of detached houses houses are smaller than 9 OSPRINGE PLACE, and 24% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

9 OSPRINGE PLACE: Plot and Title Map

9 OSPRINGE PLACE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 9 OSPRINGE PLACE, 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 9 OSPRINGE PLACE). 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 9 OSPRINGE PLACE?

9 OSPRINGE PLACE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 9 on OSPRINGE PLACE.