18A, THE RIDGEWAYE, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0AD - £625,000

18A THE RIDGEWAYE is a small detached house of 128m². It was last sold for £625,000 in December 2017, which was around 13% below the average December 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

18A THE RIDGEWAYE Sold Prices

Land registry data shows two sales for 18A THE RIDGEWAYE 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 18A THE RIDGEWAYE 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
2017 21 DEC	£625,000	£715,473	13% below HPI
2016 1 SEP	£176,667	£708,635	75% below HPI

18A THE RIDGEWAYE 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 18A THE RIDGEWAYE sales from September 2016 and December 2017 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 September 2016 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the December 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18A THE RIDGEWAYE?

18A THE RIDGEWAYE is 128m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 18A THE RIDGEWAYE lies on this distribution: 39% of detached houses are smaller than 18A THE RIDGEWAYE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southborough.

18A THE RIDGEWAYE: Plot and Title Map

18A THE RIDGEWAYE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 18A THE RIDGEWAYE, 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 18A THE RIDGEWAYE). 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 18A THE RIDGEWAYE?

18A THE RIDGEWAYE is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 18A on THE RIDGEWAYE.