2, HAZELWOOD CLOSE, TUNBRIDGE WELLS, TN2 3HW - £285,000

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 HAZELWOOD CLOSE is a very small semi-detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £383,941. It was last sold for £285,000 in May 2016, which was around 23% below the average May 2016 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

2 HAZELWOOD CLOSE Sold Prices

Land registry data shows three sales for 2 HAZELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 2 HAZELWOOD CLOSE 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 12 MAY	£285,000	£371,627	23% below HPI
2000 23 NOV	£123,000	£144,373	15% below HPI
1998 9 OCT	£93,500	£104,973	11% below HPI

2 HAZELWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 2 HAZELWOOD CLOSE sales between October 1998 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 HAZELWOOD CLOSE be worth now?

2 HAZELWOOD CLOSE might now be worth an estimated £383,941.

This is based on house price inflation of 34.7%, between May 2016 and February 2025, for semi-detached 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 34.7% inflationary increase is applied to the most recent sale price for 2 HAZELWOOD CLOSE of £285,000 on 12th May 2016. For the value to have increased from £285,000 to £383,941 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 2 HAZELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The May 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZELWOOD CLOSE has not materially changed since May 2016.

How Large is 2 HAZELWOOD CLOSE?

2 HAZELWOOD CLOSE is 64m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of semi-detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Tunbridge Wells, and where 2 HAZELWOOD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HAZELWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

2 HAZELWOOD CLOSE: Plot and Title Map

2 HAZELWOOD CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 HAZELWOOD CLOSE, 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 HAZELWOOD CLOSE). 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 HAZELWOOD CLOSE?

2 HAZELWOOD CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 2 on HAZELWOOD CLOSE.