THE SCHOOL HOUSE, STRATFORD STREET, TUNBRIDGE WELLS, TN1 2JH - £395,000

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 SCHOOL HOUSE is a very small extended detached house of 63m², built sometime before 1900. It was last sold for £395,000 in March 2022, which was around 53% below the average March 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

THE SCHOOL HOUSE Sold Prices

Land registry data shows two sales for THE SCHOOL 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 Tunbridge Wells local authority area for the corresponding sale date. Both of the two THE SCHOOL HOUSE sales were 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
2022 17 MAR	£395,000	£841,262	53% below HPI
2007 5 OCT	£220,000	£509,041	57% below HPI

THE SCHOOL HOUSE 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 THE SCHOOL HOUSE sales from October 2007 and March 2022 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 October 2007 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 2022 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is THE SCHOOL HOUSE?

THE SCHOOL HOUSE is 63m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 THE SCHOOL HOUSE lies on this distribution: 2% of detached houses are smaller than THE SCHOOL HOUSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

THE SCHOOL HOUSE: Plot and Title Map

THE SCHOOL HOUSE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of THE SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

THE SCHOOL HOUSE is located on STRATFORD STREET in TUNBRIDGE WELLS, in the TN1 postcode district. The below map shows the position of THE SCHOOL HOUSE on STRATFORD STREET.