MIWAYE, WITHYHAM ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9QR - £620,000

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

MIWAYE is a midsized extended detached house of 158m², built sometime between 1900 and 1929. It was last sold for £620,000 in November 2011, which was around 78% above the average November 2011 detached price in the Wealden local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

MIWAYE Sold Prices

Land registry data shows four sales for MIWAYE 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 MIWAYE 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
2011 23 NOV	£620,000	£349,167	78% above HPI
2006 7 APR	£530,000	£320,786	65% above HPI
2000 31 JUL	£275,000	£187,109	47% above HPI
1998 12 FEB	£190,000	£134,873	41% above HPI

MIWAYE 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 MIWAYE sales between February 1998 and November 2011 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 2006 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2011 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is MIWAYE?

MIWAYE is 158m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where MIWAYE lies on this distribution: 51% of detached houses are smaller than MIWAYE, and 49% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

MIWAYE: Plot and Title Map

MIWAYE sits on a plot of roughly 0.320 of an acre, or 1,295m². The below map shows the location of MIWAYE, 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 MIWAYE). 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 MIWAYE?

MIWAYE is located on WITHYHAM ROAD in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of MIWAYE on WITHYHAM ROAD.