WHITEOAKS, FLORANCE LANE, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9SH - £540,000

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

WHITEOAKS is a large extended detached house of 212m², built sometime between 1950 and 1966. It was last sold for £540,000 in January 2004, which was around 86% above the average January 2004 detached price in the Wealden local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

WHITEOAKS Sold Prices

Land registry data shows three sales for WHITEOAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three WHITEOAKS 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
2004 12 JAN	£540,000	£290,606	86% above HPI
2000 21 NOV	£425,000	£199,045	114% above HPI
1996 10 MAY	£167,000	£104,115	60% above HPI

WHITEOAKS 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 three WHITEOAKS sales between May 1996 and January 2004 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 November 2000 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the January 2004 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is WHITEOAKS?

WHITEOAKS is 212m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where WHITEOAKS lies on this distribution: 77% of detached houses are smaller than WHITEOAKS, and 23% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

WHITEOAKS: Plot and Title Map

WHITEOAKS sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of WHITEOAKS, 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 WHITEOAKS). 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 WHITEOAKS?

WHITEOAKS is located on FLORANCE LANE in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of WHITEOAKS on FLORANCE LANE.