FLORANCE HOUSE, WITHYHAM ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9QR - £1,000,000

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

FLORANCE HOUSE is a very large extended detached house of 465m², built sometime before 1900. It was last sold for £1,000,000 in August 2009, which was around 209% above the average August 2009 detached price in the Wealden local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

FLORANCE HOUSE Sold Prices

Land registry data shows two sales for FLORANCE 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 Wealden local authority area for the corresponding sale date. Both of the two FLORANCE HOUSE 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
2009 21 AUG	£1,000,000	£324,127	209% above HPI
1998 27 FEB	£395,000	£134,873	193% above HPI

FLORANCE HOUSE 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 two FLORANCE HOUSE sales from February 1998 and August 2009 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 February 1998 sale was for 193% above the HPI. So the extrapolation line tracks at 193% above the HPI over time, until the August 2009 sale, where it rises to 209% above the HPI. The line then continues to track at 209% above the HPI.

How Large is FLORANCE HOUSE?

FLORANCE HOUSE is 465m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where FLORANCE HOUSE lies on this distribution: 99% of detached houses are smaller than FLORANCE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

FLORANCE HOUSE: Plot and Title Map

FLORANCE HOUSE sits on a plot of roughly 0.494 of an acre, or 1,999m². The below map shows the location of FLORANCE 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 FLORANCE 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 FLORANCE HOUSE?

FLORANCE HOUSE is located on WITHYHAM ROAD in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of FLORANCE HOUSE on WITHYHAM ROAD.