RHODEN LODGE, LUCKS LANE, PADDOCK WOOD, TONBRIDGE, TN12 6PA - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RHODEN LODGE is a very small extended detached house of 91m², built sometime before 1900. It was last sold for £120,000 in November 1997, which was around 33% below the average November 1997 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was B.

RHODEN LODGE Sold Prices

Land registry data shows two sales for RHODEN LODGE 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. Both of the two RHODEN LODGE 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
1997 24 NOV	£120,000	£180,085	33% below HPI
1996 23 AUG	£98,500	£151,447	35% below HPI

RHODEN LODGE 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 RHODEN LODGE sales from August 1996 and November 1997 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 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 1997 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is RHODEN LODGE?

RHODEN LODGE is 91m², which includes four extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Paddock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Paddock Wood, and where RHODEN LODGE lies on this distribution: 11% of detached houses are smaller than RHODEN LODGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

RHODEN LODGE: Plot and Title Map

RHODEN LODGE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of RHODEN LODGE, 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 RHODEN LODGE). 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 RHODEN LODGE?

RHODEN LODGE is located on LUCKS LANE in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of RHODEN LODGE on LUCKS LANE.