LEALANDS BARN, STATION ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9NB - £685,000

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

LEALANDS BARN is a large extended detached house of 200m², built sometime between 1983 and 1990. It was last sold for £685,000 in November 2003, which was around 136% above the average November 2003 detached price in the Wealden local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

LEALANDS BARN Sold Prices

Land registry data shows four sales for LEALANDS BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four LEALANDS BARN 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
2003 19 NOV	£685,000	£289,665	136% above HPI
2001 9 FEB	£585,000	£198,009	195% above HPI
1999 29 JAN	£435,000	£146,707	197% above HPI
1996 27 AUG	£315,000	£111,875	182% above HPI

LEALANDS BARN 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 four LEALANDS BARN sales between August 1996 and November 2003 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 February 2001 sale was for 195% above the HPI. So the extrapolation line tracks at 195% above the HPI over time, until the November 2003 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

How Large is LEALANDS BARN?

LEALANDS BARN is 200m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where LEALANDS BARN lies on this distribution: 73% of detached houses are smaller than LEALANDS BARN, and 27% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

LEALANDS BARN: Plot and Title Map

LEALANDS BARN sits on a plot of roughly 0.663 of an acre, or 2,684m². The below map shows the location of LEALANDS BARN, 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 LEALANDS BARN). 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 LEALANDS BARN?

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