RED THIMBLES, LOWER GREEN ROAD, PEMBURY, TUNBRIDGE WELLS, TN2 4DZ - £610,000

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

RED THIMBLES is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £610,000 in August 2022, which was around 31% below the average August 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

RED THIMBLES Sold Prices

Land registry data shows three sales for RED THIMBLES 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. All of the three RED THIMBLES 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
2022 25 AUG	£610,000	£890,323	31% below HPI
2013 26 FEB	£380,000	£526,188	28% below HPI
2004 16 APR	£328,000	£403,009	19% below HPI

RED THIMBLES 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 RED THIMBLES sales between April 2004 and August 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 February 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is RED THIMBLES?

RED THIMBLES is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Pembury, based on EPC data. The below chart shows the distribution of detached houses by size in Pembury, and where RED THIMBLES lies on this distribution: 17% of detached houses are smaller than RED THIMBLES, and 82% of houses are larger. Note that EPC data is not available for all properties in Pembury.

RED THIMBLES: Plot and Title Map

RED THIMBLES sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of RED THIMBLES, 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 RED THIMBLES). 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 RED THIMBLES?

RED THIMBLES is located on LOWER GREEN ROAD in PEMBURY, in the TN2 postcode district. The below map shows the position of RED THIMBLES on LOWER GREEN ROAD.