THE OLD HOUSE, STATION ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9QX - £995,000

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

THE OLD HOUSE is a very large extended detached house of 224m², built sometime before 1900. It was last sold for £995,000 in October 2020, which was around 92% above the average October 2020 detached price in the Wealden local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE OLD HOUSE Sold Prices

Land registry data shows two sales for THE OLD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two THE OLD HOUSE 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
2020 9 OCT	£995,000	£519,432	92% above HPI
1996 28 AUG	£345,000	£111,875	208% above HPI

THE OLD HOUSE 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 two THE OLD HOUSE sales from August 1996 and October 2020 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 August 1996 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the October 2020 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is THE OLD HOUSE?

THE OLD HOUSE is 224m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 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 THE OLD HOUSE lies on this distribution: 83% of detached houses are smaller than THE OLD HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

THE OLD HOUSE: Plot and Title Map

THE OLD HOUSE sits on a plot of roughly 0.370 of an acre, or 1,497m². The below map shows the location of THE OLD HOUSE, 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 HOUSE). 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 HOUSE?

THE OLD HOUSE is located on STATION ROAD in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of THE OLD HOUSE on STATION ROAD.