OLD HALL PLACE, VALE AVENUE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0QL - £695,000

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

OLD HALL PLACE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £695,000 in June 2021, which was around 11% below the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

OLD HALL PLACE Sold Prices

Land registry data shows two sales for OLD HALL PLACE 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. Both of the two OLD HALL PLACE 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 29 JUN	£695,000	£780,667	11% below HPI
1998 15 MAY	£175,000	£195,286	10% below HPI

OLD HALL PLACE 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 OLD HALL PLACE sales from May 1998 and June 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 May 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is OLD HALL PLACE?

OLD HALL PLACE is 70m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where OLD HALL PLACE lies on this distribution: 2% of detached houses are smaller than OLD HALL PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Southborough.

OLD HALL PLACE: Plot and Title Map

OLD HALL PLACE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of OLD HALL PLACE, 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 OLD HALL PLACE). 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 OLD HALL PLACE?

OLD HALL PLACE is located on VALE AVENUE in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of OLD HALL PLACE on VALE AVENUE.