2, TEISE CLOSE, TUNBRIDGE WELLS, TN2 5JN - £499,000

2 TEISE CLOSE is a small extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £499,000 in December 2007, which was around 2% below the average December 2007 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 TEISE CLOSE Sold Prices

Land registry data shows three sales for 2 TEISE CLOSE 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 2 TEISE 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
2007 6 DEC	£499,000	£509,527	2% below HPI
2001 23 MAY	£274,000	£292,060	6% below HPI
2000 12 MAY	£250,000	£260,770	4% below HPI

2 TEISE CLOSE 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 2 TEISE CLOSE sales between May 2000 and December 2007 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 May 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2007 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 TEISE CLOSE?

2 TEISE CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% 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 2 TEISE CLOSE lies on this distribution: 31% of detached houses are smaller than 2 TEISE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

2 TEISE CLOSE: Plot and Title Map

2 TEISE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 TEISE 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 TEISE 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 TEISE CLOSE?

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