THE OLD DOWN STORES, LAMBERHURST DOWN, LAMBERHURST, TUNBRIDGE WELLS, TN3 8ES - £600,000

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.

THE OLD DOWN STORES is a very large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £1,191,229. It was last sold for £600,000 in June 2006, which was around 39% above the average June 2006 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was C.

THE OLD DOWN STORES Sold Prices

Land registry data shows three sales for THE OLD DOWN STORES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Two of the three THE OLD DOWN STORES sales were for above the average price, whilst one 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
2006 16 JUN	£600,000	£432,722	39% above HPI
2002 17 JUL	£395,000	£328,336	20% above HPI
2000 29 MAR	£112,500	£242,707	54% below HPI

THE OLD DOWN STORES 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 three THE OLD DOWN STORES sales between March 2000 and June 2006 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 July 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2006 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might THE OLD DOWN STORES be worth now?

THE OLD DOWN STORES might now be worth an estimated £1,191,229.

This is based on house price inflation of 98.5%, between June 2006 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 98.5% inflationary increase is applied to the most recent sale price for THE OLD DOWN STORES of £600,000 on 16th June 2006. For the value to have increased from £600,000 to £1,191,229 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of THE OLD DOWN STORES has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The June 2006 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD DOWN STORES has not materially changed since June 2006.

How Large is THE OLD DOWN STORES?

THE OLD DOWN STORES is 234m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lamberhurst, and where THE OLD DOWN STORES lies on this distribution: 80% of detached houses houses are smaller than THE OLD DOWN STORES, and 18% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

THE OLD DOWN STORES: Plot and Title Map

THE OLD DOWN STORES sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of THE OLD DOWN STORES, 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 THE OLD DOWN STORES). 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 THE OLD DOWN STORES?

THE OLD DOWN STORES is located on LAMBERHURST DOWN in LAMBERHURST, in the TN3 postcode district. The below map shows the position of THE OLD DOWN STORES on LAMBERHURST DOWN.