SILVER HOW, HENDAL HILL, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9NS - £1,060,000

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

SILVER HOW is a very small extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £1,060,000 in October 2023, which was around 81% above the average October 2023 detached price in the Wealden local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was B.

SILVER HOW Sold Prices

Land registry data shows three sales for SILVER HOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three SILVER HOW sales were 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
2023 19 OCT	£1,060,000	£586,623	81% above HPI
2021 25 FEB	£1,110,000	£523,550	112% above HPI
2019 28 JUN	£685,000	£490,228	40% above HPI

SILVER HOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three SILVER HOW sales between June 2019 and October 2023 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 2021 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the October 2023 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is SILVER HOW?

SILVER HOW is 120m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where SILVER HOW lies on this distribution: 15% of detached houses are smaller than SILVER HOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

SILVER HOW: Plot and Title Map

SILVER HOW sits on a plot of roughly 0.357 of an acre, or 1,444m². The below map shows the location of SILVER HOW, 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 SILVER HOW). 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 SILVER HOW?

SILVER HOW is located on HENDAL HILL in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of SILVER HOW on HENDAL HILL.