GRACELAND, DARNLEY DRIVE, TUNBRIDGE WELLS, TN4 0TH - £850,000

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

GRACELAND is a very large detached house of 215m², built sometime between 1976 and 1982. It was last sold for £850,000 in March 2015, which was around 44% above the average March 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

GRACELAND Sold Prices

Land registry data shows two sales for GRACELAND 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 GRACELAND 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
2015 11 MAR	£850,000	£592,073	44% above HPI
2007 25 APR	£725,000	£471,609	54% above HPI

GRACELAND 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 GRACELAND sales from April 2007 and March 2015 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 April 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is GRACELAND?

GRACELAND is 215m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where GRACELAND lies on this distribution: 89% of detached houses are smaller than GRACELAND, and 11% of houses are larger. Note that EPC data is not available for all properties in Southborough.

GRACELAND: Plot and Title Map

GRACELAND sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of GRACELAND, 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 GRACELAND). 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 GRACELAND?

GRACELAND is located on DARNLEY DRIVE in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of GRACELAND on DARNLEY DRIVE.