BROAD VIEW, MAIDSTONE ROAD, MATFIELD, TONBRIDGE, TN12 7JG - £650,000

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

BROAD VIEW is a small extended detached house of 129m², built sometime between 1900 and 1929. It was last sold for £650,000 in January 2021, which was around 16% below the average January 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

BROAD VIEW Sold Prices

Land registry data shows three sales for BROAD VIEW 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. Two of the three BROAD VIEW sales were for below the average price, whilst one was 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
2021 12 JAN	£650,000	£775,703	16% below HPI
2009 21 AUG	£405,000	£450,603	10% below HPI
2002 28 JUN	£350,000	£325,302	8% above HPI

BROAD VIEW 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 BROAD VIEW sales between June 2002 and January 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 August 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is BROAD VIEW?

BROAD VIEW is 129m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses by size in Matfield, and where BROAD VIEW lies on this distribution: 37% of detached houses are smaller than BROAD VIEW, and 63% of houses are larger. Note that EPC data is not available for all properties in Matfield.

BROAD VIEW: Plot and Title Map

BROAD VIEW sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of BROAD VIEW, 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 BROAD VIEW). 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 BROAD VIEW?

BROAD VIEW is located on MAIDSTONE ROAD in MATFIELD, in the TN12 postcode district. The below map shows the position of BROAD VIEW on MAIDSTONE ROAD.