RUSSETTS, ROEDEAN ROAD, TUNBRIDGE WELLS, TN2 5JX - £1,550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RUSSETTS is a very large extended detached house of 311m², built sometime between 1950 and 1966, which could now be worth an estimated £1,530,891. It was last sold for £1,550,000 in August 2022, which was around 78% above the average August 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

RUSSETTS Sold Prices

Land registry data shows two sales for RUSSETTS 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 RUSSETTS 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
2022 12 AUG	£1,550,000	£869,842	78% above HPI
1998 8 APR	£24,000	£187,009	87% below HPI

RUSSETTS 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 RUSSETTS sales from April 1998 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 April 1998 sale was for 87% below the HPI. So the extrapolation line tracks at 87% below the HPI over time, until the August 2022 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might RUSSETTS be worth now?

RUSSETTS might now be worth an estimated £1,530,891.

This is based on house price deflation of 1.2%, between August 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 1.2% deflationary decrease is applied to the most recent sale price for RUSSETTS of £1,550,000 on 12th August 2022. For the value to have decreased from £1,550,000 to £1,530,891 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of RUSSETTS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The August 2022 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSETTS has not materially changed since August 2022.

How Large is RUSSETTS?

RUSSETTS is 311m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 RUSSETTS lies on this distribution: 94% of detached houses houses are smaller than RUSSETTS, and 6% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

RUSSETTS: Plot and Title Map

RUSSETTS sits on a plot of roughly 0.372 of an acre, or 1,507m². The below map shows the location of RUSSETTS, 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 RUSSETTS). 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 RUSSETTS?

RUSSETTS is located on ROEDEAN ROAD in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of RUSSETTS on ROEDEAN ROAD.