2, DOWN FARM OASTS, LAMBERHURST DOWN, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HF - £775,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 DOWN FARM OASTS is a large terraced house of 208m², built sometime between 1991 and 1995, which could now be worth an estimated £921,462. It was last sold for £775,000 in August 2019, which was around 129% above the average August 2019 terraced price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

2 DOWN FARM OASTS Sold Prices

Land registry data shows two sales for 2 DOWN FARM OASTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 2 DOWN FARM OASTS 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
2019 14 AUG	£775,000	£338,882	129% above HPI
2010 25 OCT	£615,000	£230,382	167% above HPI

2 DOWN FARM OASTS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 2 DOWN FARM OASTS sales from October 2010 and August 2019 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 2010 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the August 2019 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 2 DOWN FARM OASTS be worth now?

2 DOWN FARM OASTS might now be worth an estimated £921,462.

This is based on house price inflation of 18.9%, between August 2019 and May 2026, for terraced houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 2 DOWN FARM OASTS of £775,000 on 14th August 2019. For the value to have increased from £775,000 to £921,462 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 2 DOWN FARM OASTS has moved in line with the HPI for terraced houses in the Tunbridge Wells local authority area.
• The August 2019 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DOWN FARM OASTS has not materially changed since August 2019.

How Large is 2 DOWN FARM OASTS?

2 DOWN FARM OASTS is 208m² according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of terraced houses houses in Lamberhurst, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lamberhurst, and where 2 DOWN FARM OASTS lies on this distribution: 68% of terraced houses houses are smaller than 2 DOWN FARM OASTS, and 32% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

2 DOWN FARM OASTS: Plot and Title Map

2 DOWN FARM OASTS sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 DOWN FARM OASTS, 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 2 DOWN FARM OASTS). 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 2 DOWN FARM OASTS?

2 DOWN FARM OASTS is located on LAMBERHURST DOWN in LAMBERHURST, in the TN3 postcode district. The below map shows the position of 2 DOWN FARM OASTS on LAMBERHURST DOWN.