PINES, GLENMORE PARK, TUNBRIDGE WELLS, TN2 5NZ - £448,000

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

PINES is a midsized detached house of 156m², built sometime between 1976 and 1982, which could now be worth an estimated £708,956. It was last sold for £448,000 in May 2014, which was around 17% below the average May 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

PINES Sold Prices

Land registry data shows two sales for PINES 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 PINES 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
2014 7 MAY	£448,000	£542,890	17% below HPI
1997 9 SEP	£177,500	£173,145	3% above HPI

PINES 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 PINES sales from September 1997 and May 2014 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 September 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might PINES be worth now?

PINES might now be worth an estimated £708,956.

This is based on house price inflation of 58.2%, between May 2014 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 58.2% inflationary increase is applied to the most recent sale price for PINES of £448,000 on 7th May 2014. For the value to have increased from £448,000 to £708,956 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of PINES has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The May 2014 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of PINES has not materially changed since May 2014.

How Large is PINES?

PINES is 156m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 PINES lies on this distribution: 53% of detached houses houses are smaller than PINES, and 47% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

PINES: Plot and Title Map

PINES sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of PINES, 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 PINES). 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 PINES?

PINES is located on GLENMORE PARK in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of PINES on GLENMORE PARK.