OLD WELL HOUSE, LANGTON ROAD, SPELDHURST, TUNBRIDGE WELLS, TN3 0NP - £662,000

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

OLD WELL HOUSE is a small semi-detached house of 141m², built sometime between 1967 and 1975. It was last sold for £662,000 in December 2015, which was around 1% above the average December 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

OLD WELL HOUSE Sold Prices

Land registry data shows two sales for OLD WELL HOUSE 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 OLD WELL HOUSE sales was for above the average price, whilst the other was 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
2015 15 DEC	£662,000	£652,489	1% above HPI
2010 5 FEB	£376,000	£480,463	22% below HPI

OLD WELL 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 two OLD WELL HOUSE sales from February 2010 and December 2015 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 February 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is OLD WELL HOUSE?

OLD WELL HOUSE is 141m² according to the EPC inspection conducted in August 2015. 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 OLD WELL HOUSE lies on this distribution: 28% of detached houses are smaller than OLD WELL HOUSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

OLD WELL HOUSE: Plot and Title Map

OLD WELL HOUSE sits on a plot of roughly 0.373 of an acre, or 1,508m². The below map shows the location of OLD WELL 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 OLD WELL 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 OLD WELL HOUSE?

OLD WELL HOUSE is located on LANGTON ROAD in SPELDHURST, in the TN3 postcode district. The below map shows the position of OLD WELL HOUSE on LANGTON ROAD.