MULBERRY HOUSE, MAIDSTONE ROAD, HORSMONDEN, TONBRIDGE, TN12 8JP - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MULBERRY HOUSE is a small extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £620,231. It was last sold for £550,000 in March 2021, which was around 28% below the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was D.

MULBERRY HOUSE Sold Prices

Land registry data shows three sales for MULBERRY HOUSE 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. All of the three MULBERRY HOUSE sales 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
2021 18 MAR	£550,000	£761,837	28% below HPI
2014 21 NOV	£370,000	£593,758	38% below HPI
1996 15 MAR	£127,000	£139,759	9% below HPI

MULBERRY HOUSE 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 MULBERRY HOUSE sales between March 1996 and March 2021 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 November 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might MULBERRY HOUSE be worth now?

MULBERRY HOUSE might now be worth an estimated £620,231.

This is based on house price inflation of 12.8%, between March 2021 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for MULBERRY HOUSE of £550,000 on 18th March 2021. For the value to have increased from £550,000 to £620,231 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MULBERRY HOUSE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The March 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY HOUSE has not materially changed since March 2021.

How Large is MULBERRY HOUSE?

MULBERRY HOUSE is 125m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsmonden, and where MULBERRY HOUSE lies on this distribution: 39% of detached houses houses are smaller than MULBERRY HOUSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

MULBERRY HOUSE: Plot and Title Map

MULBERRY HOUSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of MULBERRY HOUSE, 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 MULBERRY HOUSE). 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 MULBERRY HOUSE?

MULBERRY HOUSE is located on MAIDSTONE ROAD in HORSMONDEN, in the TN12 postcode district. The below map shows the position of MULBERRY HOUSE on MAIDSTONE ROAD.