FOTHERINGAY, STATION ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9NB - £1,252,000

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

FOTHERINGAY is a very large extended detached house of 250m², built sometime between 1900 and 1929. It was last sold for £1,252,000 in October 2020, which was around 141% above the average October 2020 detached price in the Wealden local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

FOTHERINGAY Sold Prices

Land registry data shows two sales for FOTHERINGAY 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 FOTHERINGAY 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
2020 16 OCT	£1,252,000	£519,432	141% above HPI
2014 4 JUN	£830,000	£375,756	121% above HPI

FOTHERINGAY 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 FOTHERINGAY sales from June 2014 and October 2020 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 June 2014 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the October 2020 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is FOTHERINGAY?

FOTHERINGAY is 250m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where FOTHERINGAY lies on this distribution: 86% of detached houses are smaller than FOTHERINGAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

FOTHERINGAY: Plot and Title Map

FOTHERINGAY sits on a plot of roughly 0.517 of an acre, or 2,094m². The below map shows the location of FOTHERINGAY, 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 FOTHERINGAY). 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 FOTHERINGAY?

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