NEWLANDS, FURZEFIELD AVENUE, SPELDHURST, TUNBRIDGE WELLS, TN3 0LD - £735,000

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

NEWLANDS is a small detached house of 144m². It was last sold for £735,000 in March 2021, which was around 6% below the average March 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. One of the two NEWLANDS sales was for below the average price, whilst the other was 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
2021 12 MAR	£735,000	£779,775	6% below HPI
2015 28 JAN	£630,000	£595,064	6% above HPI

NEWLANDS 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 two NEWLANDS sales from January 2015 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 January 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 144m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Speldhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Speldhurst, and where NEWLANDS lies on this distribution: 29% of detached houses are smaller than NEWLANDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on FURZEFIELD AVENUE in SPELDHURST, in the TN3 postcode district. The below map shows the position of NEWLANDS on FURZEFIELD AVENUE.