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
9 TULIP TREE CLOSE is a very small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £500,000 in March 2021, which was around 21% below the average March 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 9 TULIP TREE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 9 TULIP TREE CLOSE 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 |
---|---|---|---|
2021 5 MAR | £500,000 | £629,875 | 21% below HPI |
2016 5 FEB | £440,000 | £556,393 | 21% below HPI |
2004 11 NOV | £276,500 | £354,950 | 22% below HPI |
The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The three 9 TULIP TREE CLOSE sales between November 2004 and March 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 February 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, which was also at 21% below the HPI.
9 TULIP TREE CLOSE is 95m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Tonbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Tonbridge, and where 9 TULIP TREE CLOSE lies on this distribution: 19% of detached houses are smaller than 9 TULIP TREE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.
9 TULIP TREE CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 9 TULIP TREE CLOSE, 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 TULIP TREE CLOSE). 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.
9 TULIP TREE CLOSE is located in TONBRIDGE, in the TN9 postcode district. The below map shows the position of No. 9 on TULIP TREE CLOSE.