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
9 VALE AVENUE is a small extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £738,000 in January 2024, which was around 14% below the average January 2024 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 9 VALE AVENUE since 1st 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 9 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 |
---|---|---|---|
2024 5 JAN | £738,000 | £855,838 | 14% below HPI |
2001 20 JUN | £165,000 | £294,954 | 44% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 9 VALE AVENUE sales from June 2001 and January 2024 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 June 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
9 VALE AVENUE is 121m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 9 VALE AVENUE lies on this distribution: 30% of detached houses are smaller than 9 VALE AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Southborough.
9 VALE AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 9 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 9 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.
9 VALE AVENUE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 9 on VALE AVENUE.