MELDON, FARMCOMBE LANE, TUNBRIDGE WELLS, TN2 5DB - £770,000

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

MELDON is a large extended detached house of 197m², built sometime between 2003 and 2006. It was last sold for £770,000 in August 2007, which was around 57% above the average August 2007 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

MELDON Sold Prices

Land registry data shows three sales for MELDON 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. One of the three MELDON sales was for above the average price, whilst two 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
2007 1 AUG	£770,000	£491,024	57% above HPI
2004 16 JUL	£325,000	£419,891	23% below HPI
2002 18 OCT	£158,000	£353,841	55% below HPI

MELDON 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 MELDON sales between October 2002 and August 2007 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 July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2007 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is MELDON?

MELDON is 197m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 MELDON lies on this distribution: 72% of detached houses are smaller than MELDON, and 28% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

MELDON: Plot and Title Map

MELDON sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of MELDON, 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 MELDON). 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 MELDON?

MELDON is located on FARMCOMBE LANE in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of MELDON on FARMCOMBE LANE.