SOUTH LODGE, NEVILL PARK, TUNBRIDGE WELLS, TN4 8NW - £1,100,000

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

SOUTH LODGE is a midsized extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £1,100,000 in April 2023, which was around 28% above the average April 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

SOUTH LODGE Sold Prices

Land registry data shows two sales for SOUTH 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 SOUTH LODGE 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 11 APR	£1,100,000	£858,701	28% above HPI
1995 15 DEC	£216,500	£140,332	54% above HPI

SOUTH 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 SOUTH LODGE sales from December 1995 and April 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 December 1995 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is SOUTH LODGE?

SOUTH LODGE is 140m², which includes four extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where SOUTH LODGE lies on this distribution: 45% of detached houses are smaller than SOUTH LODGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

SOUTH LODGE: Plot and Title Map

SOUTH LODGE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH LODGE?

SOUTH LODGE is located on NEVILL PARK in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of SOUTH LODGE on NEVILL PARK.