DRAGON GATE, RUSTHALL PLACE, TUNBRIDGE WELLS, TN4 8XB - £540,000

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.

DRAGON GATE is a small extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £670,087. It was last sold for £540,000 in September 2016, which was around 22% below the average September 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was D.

DRAGON GATE Sold Prices

Land registry data shows two sales for DRAGON GATE 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 DRAGON GATE 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
2016 2 SEP	£540,000	£692,334	22% below HPI
2002 6 AUG	£315,000	£335,990	6% below HPI

DRAGON GATE 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 DRAGON GATE sales from August 2002 and September 2016 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might DRAGON GATE be worth now?

DRAGON GATE might now be worth an estimated £670,087.

This is based on house price inflation of 24.1%, between September 2016 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 24.1% inflationary increase is applied to the most recent sale price for DRAGON GATE of £540,000 on 2nd September 2016. For the value to have increased from £540,000 to £670,087 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of DRAGON GATE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The September 2016 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of DRAGON GATE has not materially changed since September 2016.

How Large is DRAGON GATE?

DRAGON GATE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 DRAGON GATE lies on this distribution: 26% of detached houses houses are smaller than DRAGON GATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

DRAGON GATE: Plot and Title Map

DRAGON GATE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of DRAGON GATE, 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 DRAGON GATE). 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 DRAGON GATE?

DRAGON GATE is located on RUSTHALL PLACE in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of DRAGON GATE on RUSTHALL PLACE.