PIPPINS, THE SLADE, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HN - £865,000

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

PIPPINS is a very large extended detached house of 282m², built sometime between 1967 and 1975. It was last sold for £865,000 in October 2013, which was around 59% above the average October 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was B.

PIPPINS Sold Prices

Land registry data shows two sales for PIPPINS 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 PIPPINS 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
2013 23 OCT	£865,000	£544,760	59% above HPI
2011 4 JAN	£372,500	£505,791	26% below HPI

PIPPINS 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 PIPPINS sales from January 2011 and October 2013 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2013 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is PIPPINS?

PIPPINS is 282m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where PIPPINS lies on this distribution: 98% of detached houses are smaller than PIPPINS, and 2% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on THE SLADE in LAMBERHURST, in the TN3 postcode district. The below map shows the position of PIPPINS on THE SLADE.