40, CLEVELAND, TUNBRIDGE WELLS, TN2 3NG - £275,000

40 CLEVELAND is a very small extended detached house of 60m², built sometime between 1967 and 1975. It was last sold for £275,000 in January 2014, which was around 51% below the average January 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 CLEVELAND Sold Prices

Land registry data shows two sales for 40 CLEVELAND 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 40 CLEVELAND 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
2014 15 JAN	£275,000	£559,404	51% below HPI
1995 26 SEP	£82,500	£147,376	44% below HPI

40 CLEVELAND 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 40 CLEVELAND sales from September 1995 and January 2014 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 September 1995 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2014 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 40 CLEVELAND?

40 CLEVELAND is 60m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 40 CLEVELAND lies on this distribution: 1% of detached houses are smaller than 40 CLEVELAND, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

40 CLEVELAND: Plot and Title Map

40 CLEVELAND sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 40 CLEVELAND, 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 40 CLEVELAND). 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 40 CLEVELAND?

40 CLEVELAND is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 40 on CLEVELAND.