COYFES, STATION ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9NB - £725,000

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

COYFES is a midsized extended detached house of 173m², built sometime between 1950 and 1966. It was last sold for £725,000 in November 2023, which was around 25% above the average November 2023 detached price in the Wealden local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

COYFES Sold Prices

Land registry data shows three sales for COYFES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three COYFES sales were for above the average price, whilst one was 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
2023 27 NOV	£725,000	£580,438	25% above HPI
2015 17 AUG	£620,000	£425,883	46% above HPI
2001 23 MAR	£162,000	£196,990	18% below HPI

COYFES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three COYFES sales between March 2001 and November 2023 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 2015 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is COYFES?

COYFES is 173m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where COYFES lies on this distribution: 59% of detached houses are smaller than COYFES, and 41% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

COYFES: Plot and Title Map

COYFES sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of COYFES, 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 COYFES). 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 COYFES?

COYFES is located on STATION ROAD in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of COYFES on STATION ROAD.