OVERWELLS, SHANDON CLOSE, TUNBRIDGE WELLS, TN2 3RE - £1,250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OVERWELLS is a small detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £1,306,588. It was last sold for £1,250,000 in March 2022, which was around 52% above the average March 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2021, where the current energy rating was G, and the potential energy rating was E.

OVERWELLS Sold Prices

Land registry data shows three sales for OVERWELLS 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. Two of the three OVERWELLS sales were for above the average price, whilst one 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
2022 14 MAR	£1,250,000	£821,910	52% above HPI
2005 31 AUG	£480,000	£418,849	15% above HPI
1999 22 JUN	£200,000	£207,927	4% below HPI

OVERWELLS 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 OVERWELLS sales between June 1999 and March 2022 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 August 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might OVERWELLS be worth now?

OVERWELLS might now be worth an estimated £1,306,588.

This is based on house price inflation of 4.5%, between March 2022 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 4.5% inflationary increase is applied to the most recent sale price for OVERWELLS of £1,250,000 on 14th March 2022. For the value to have increased from £1,250,000 to £1,306,588 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of OVERWELLS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The March 2022 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of OVERWELLS has not materially changed since March 2022.

How Large is OVERWELLS?

OVERWELLS is 127m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where OVERWELLS lies on this distribution: 35% of detached houses houses are smaller than OVERWELLS, and 64% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

OVERWELLS: Plot and Title Map

OVERWELLS sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of OVERWELLS, 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 OVERWELLS). 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 OVERWELLS?

OVERWELLS is located on SHANDON CLOSE in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of OVERWELLS on SHANDON CLOSE.