3, REDLEAF CLOSE, TUNBRIDGE WELLS, TN2 3UD - £400,000

3 REDLEAF CLOSE is a very small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £400,000 in November 2020, which was around 48% below the average November 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 REDLEAF CLOSE Sold Prices

Land registry data shows two sales for 3 REDLEAF CLOSE 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 3 REDLEAF 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
2020 24 NOV	£400,000	£774,196	48% below HPI
2011 20 JUL	£290,000	£499,430	42% below HPI

3 REDLEAF 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 two 3 REDLEAF CLOSE sales from July 2011 and November 2020 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 July 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 REDLEAF CLOSE?

3 REDLEAF CLOSE is 104m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 3 REDLEAF CLOSE lies on this distribution: 20% of detached houses are smaller than 3 REDLEAF CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

3 REDLEAF CLOSE: Plot and Title Map

3 REDLEAF CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 REDLEAF 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 3 REDLEAF 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 3 REDLEAF CLOSE?

3 REDLEAF CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 3 on REDLEAF CLOSE.