GATESGARTH, LOWER GREEN ROAD, PEMBURY, TUNBRIDGE WELLS, TN2 4DZ - £609,100

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GATESGARTH is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £609,100 in September 2023, which was around 30% below the average September 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

GATESGARTH Sold Prices

Land registry data shows three sales for GATESGARTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three GATESGARTH 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
2023 1 SEP	£609,100	£872,385	30% below HPI
2007 16 AUG	£355,000	£491,024	28% below HPI
1999 12 AUG	£180,000	£228,335	21% below HPI

GATESGARTH 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 three GATESGARTH sales between August 1999 and September 2023 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is GATESGARTH?

GATESGARTH is 89m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where GATESGARTH lies on this distribution: 19% of detached houses are smaller than GATESGARTH, and 81% of houses are larger. Note that EPC data is not available for all properties in Pembury.

GATESGARTH: Plot and Title Map

GATESGARTH sits on a plot of roughly 0.191 of an acre, or 775m². The below map shows the location of GATESGARTH, 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 GATESGARTH). 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 GATESGARTH?

GATESGARTH is located on LOWER GREEN ROAD in PEMBURY, in the TN2 postcode district. The below map shows the position of GATESGARTH on LOWER GREEN ROAD.