15, FOREST WAY, TUNBRIDGE WELLS, TN2 5HB - £603,000

15 FOREST WAY is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £603,000 in May 2016, which was around 11% below the average May 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

15 FOREST WAY Sold Prices

Land registry data shows three sales for 15 FOREST WAY 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. All of the three 15 FOREST WAY 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
2016 23 MAY	£603,000	£674,175	11% below HPI
2003 17 NOV	£275,000	£382,522	28% below HPI
1995 17 FEB	£105,000	£136,220	23% below HPI

15 FOREST WAY 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 15 FOREST WAY sales between February 1995 and May 2016 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 FOREST WAY?

15 FOREST WAY is 83m², which includes one extension, according to the EPC inspection conducted in January 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 15 FOREST WAY lies on this distribution: 8% of detached houses are smaller than 15 FOREST WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

15 FOREST WAY: Plot and Title Map

15 FOREST WAY sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 15 FOREST WAY, 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 15 FOREST WAY). 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 15 FOREST WAY?

15 FOREST WAY is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 15 on FOREST WAY.