SPINDLEWOOD, FERBIES, SPELDHURST, TUNBRIDGE WELLS, TN3 0NT - £1,025,000

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

SPINDLEWOOD is a large extended detached house of 209m², built sometime between 1950 and 1966. It was last sold for £1,025,000 in September 2019, which was around 37% above the average September 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

SPINDLEWOOD Sold Prices

Land registry data shows two sales for SPINDLEWOOD 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 SPINDLEWOOD 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
2019 9 SEP	£1,025,000	£745,645	37% above HPI
2005 16 SEP	£405,000	£432,339	6% below HPI

SPINDLEWOOD 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 SPINDLEWOOD sales from September 2005 and September 2019 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 September 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2019 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is SPINDLEWOOD?

SPINDLEWOOD is 209m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Speldhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Speldhurst, and where SPINDLEWOOD lies on this distribution: 67% of detached houses are smaller than SPINDLEWOOD, and 33% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

SPINDLEWOOD: Plot and Title Map

SPINDLEWOOD sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of SPINDLEWOOD, 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 SPINDLEWOOD). 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 SPINDLEWOOD?

SPINDLEWOOD is located on FERBIES in SPELDHURST, in the TN3 postcode district. The below map shows the position of SPINDLEWOOD on FERBIES.