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

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

THE OLD DOWN STORES is a very large extended detached house of 234m², built sometime before 1900. It was last sold for £600,000 in June 2006, which was around 35% 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	£442,911	35% above HPI
2002 17 JUL	£395,000	£336,067	18% above HPI
2000 29 MAR	£112,500	£248,422	55% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2006 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

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 in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where THE OLD DOWN STORES lies on this distribution: 80% of detached 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.