MEADOW BANK, CHAFFORD LANE, FORDCOMBE, TUNBRIDGE WELLS, TN3 0SH - £1,150,000

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

MEADOW BANK is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £1,150,000 in November 2022, which was around 23% above the average November 2022 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

MEADOW BANK Sold Prices

Land registry data shows two sales for MEADOW BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. One of the two MEADOW BANK sales was for above the average price, whilst the other was 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
2022 18 NOV	£1,150,000	£936,961	23% above HPI
2019 10 MAY	£650,000	£772,619	16% below HPI

MEADOW BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two MEADOW BANK sales from May 2019 and November 2022 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 May 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MEADOW BANK?

MEADOW BANK is 197m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Fordcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Fordcombe, and where MEADOW BANK lies on this distribution: 86% of detached houses are smaller than MEADOW BANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Fordcombe.

MEADOW BANK: Plot and Title Map

MEADOW BANK sits on a plot of roughly 0.486 of an acre, or 1,967m². The below map shows the location of MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

MEADOW BANK is located on CHAFFORD LANE in FORDCOMBE, in the TN3 postcode district. The below map shows the position of MEADOW BANK on CHAFFORD LANE.