FRESHFIELDS, MOLYNEUX PARK ROAD, TUNBRIDGE WELLS, TN4 8DN - £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

FRESHFIELDS is a large detached house of 192m², built sometime between 1996 and 2002. It was last sold for £1,000,000 in June 2021, which was around 28% above the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

FRESHFIELDS Sold Prices

Land registry data shows two sales for FRESHFIELDS 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 FRESHFIELDS 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
2021 29 JUN	£1,000,000	£780,667	28% above HPI
2013 24 OCT	£890,000	£544,760	63% above HPI

FRESHFIELDS 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 FRESHFIELDS sales from October 2013 and June 2021 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 October 2013 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is FRESHFIELDS?

FRESHFIELDS is 192m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where FRESHFIELDS lies on this distribution: 69% of detached houses are smaller than FRESHFIELDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

FRESHFIELDS: Plot and Title Map

FRESHFIELDS sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

FRESHFIELDS is located on MOLYNEUX PARK ROAD in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of FRESHFIELDS on MOLYNEUX PARK ROAD.