CHESTER HOUSE, THE BROADWAY, LAMBERHURST, TUNBRIDGE WELLS, TN3 8DA - £240,000

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

CHESTER HOUSE is a very small detached house of 79m², built sometime before 1900. It was last sold for £240,000 in November 2014, which was around 61% below the average November 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

CHESTER HOUSE Sold Prices

Land registry data shows two sales for CHESTER HOUSE 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 CHESTER HOUSE 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
2014 4 NOV	£240,000	£607,738	61% below HPI
2001 6 APR	£75,000	£281,888	73% below HPI

CHESTER HOUSE 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 CHESTER HOUSE sales from April 2001 and November 2014 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 April 2001 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the November 2014 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is CHESTER HOUSE?

CHESTER HOUSE is 79m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where CHESTER HOUSE lies on this distribution: 4% of detached houses are smaller than CHESTER HOUSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

CHESTER HOUSE: Plot and Title Map

CHESTER HOUSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of CHESTER HOUSE, 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 CHESTER HOUSE). 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 CHESTER HOUSE?

CHESTER HOUSE is located on THE BROADWAY in LAMBERHURST, in the TN3 postcode district. The below map shows the position of CHESTER HOUSE on THE BROADWAY.