CHIMNEYS, NEVILL GATE, TUNBRIDGE WELLS, TN2 5ES - £1,687,000

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.

CHIMNEYS is a large extended detached house of 210m², built sometime between 1900 and 1929, which could now be worth an estimated £1,785,397. It was last sold for £1,687,000 in April 2022, which was around 108% above the average April 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

CHIMNEYS Sold Prices

Land registry data shows three sales for CHIMNEYS 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 CHIMNEYS 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
2022 14 APR	£1,687,000	£811,770	108% above HPI
1999 17 AUG	£395,000	£223,082	77% above HPI
1995 30 JUN	£260,000	£135,197	92% above HPI

CHIMNEYS 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 CHIMNEYS sales between June 1995 and April 2022 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 1999 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the April 2022 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might CHIMNEYS be worth now?

CHIMNEYS might now be worth an estimated £1,785,397.

This is based on house price inflation of 5.8%, between April 2022 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 5.8% inflationary increase is applied to the most recent sale price for CHIMNEYS of £1,687,000 on 14th April 2022. For the value to have increased from £1,687,000 to £1,785,397 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of CHIMNEYS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The April 2022 sale price of £1,687,000 represented a fair market value for the property.
• The size, condition, and specification of CHIMNEYS has not materially changed since April 2022.

How Large is CHIMNEYS?

CHIMNEYS is 210m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 CHIMNEYS lies on this distribution: 76% of detached houses houses are smaller than CHIMNEYS, and 23% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 0.452 of an acre, or 1,829m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on NEVILL GATE in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of CHIMNEYS on NEVILL GATE.