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

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.

FOTHERINGAY is a very large extended detached house of 250m², built sometime between 1900 and 1929, which could now be worth an estimated £1,389,009. It was last sold for £1,252,000 in October 2020, which was around 133% 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	£538,160	133% above HPI
2014 4 JUN	£830,000	£389,303	113% 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 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the October 2020 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

What might FOTHERINGAY be worth now?

FOTHERINGAY might now be worth an estimated £1,389,009.

This is based on house price inflation of 10.9%, between October 2020 and March 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for FOTHERINGAY of £1,252,000 on 16th October 2020. For the value to have increased from £1,252,000 to £1,389,009 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of FOTHERINGAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The October 2020 sale price of £1,252,000 represented a fair market value for the property.
• The size, condition, and specification of FOTHERINGAY has not materially changed since October 2020.

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 houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groombridge, and where FOTHERINGAY lies on this distribution: 87% of detached houses houses are smaller than FOTHERINGAY, and 13% 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.