38, THE RIDINGS, PADDOCK WOOD, TONBRIDGE, TN12 6YB - £189,500

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.

38 THE RIDINGS is a very small terraced house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £340,400. It was last sold for £189,500 in September 2007, which was around 18% below the average September 2007 terraced price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

38 THE RIDINGS Sold Prices

Land registry data shows three sales for 38 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 38 THE RIDINGS 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 26 SEP	£189,500	£231,659	18% below HPI
1999 2 JUL	£77,000	£91,860	16% below HPI
1997 20 OCT	£67,950	£74,324	9% below HPI

38 THE RIDINGS 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 three 38 THE RIDINGS sales between October 1997 and September 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 July 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 THE RIDINGS be worth now?

38 THE RIDINGS might now be worth an estimated £340,400.

This is based on house price inflation of 79.6%, between September 2007 and June 2025, 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 79.6% inflationary increase is applied to the most recent sale price for 38 THE RIDINGS of £189,500 on 26th September 2007. For the value to have increased from £189,500 to £340,400 over the eighteen years and three months to June 2025, the following assumptions must hold true:

• The value of 38 THE RIDINGS has moved in line with the HPI for terraced houses in the Tunbridge Wells local authority area.
• The September 2007 sale price of £189,500 represented a fair market value for the property.
• The size, condition, and specification of 38 THE RIDINGS has not materially changed since September 2007.

How Large is 38 THE RIDINGS?

38 THE RIDINGS is 54m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of terraced houses houses in Paddock Wood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Paddock Wood, and where 38 THE RIDINGS lies on this distribution: 1% of terraced houses houses are smaller than 38 THE RIDINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Paddock Wood.

38 THE RIDINGS: Plot and Title Map

38 THE RIDINGS sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 38 THE RIDINGS, 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 38 THE RIDINGS). 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 38 THE RIDINGS?

38 THE RIDINGS is located in PADDOCK WOOD, in the TN12 postcode district. The below map shows the position of No. 38 on THE RIDINGS.