43, UNDERWOOD RISE, TUNBRIDGE WELLS, TN2 5RY - £520,000

43 UNDERWOOD RISE is a midsized extended detached house of 137m², built sometime from 2007 onwards. It was last sold for £520,000 in June 2018, which was around 30% below the average June 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

43 UNDERWOOD RISE Sold Prices

Land registry data shows two sales for 43 UNDERWOOD RISE 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 43 UNDERWOOD RISE 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
2018 14 JUN	£520,000	£747,843	30% below HPI
2007 28 JUN	£379,950	£476,225	20% below HPI

43 UNDERWOOD RISE 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 43 UNDERWOOD RISE sales from June 2007 and June 2018 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 June 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 43 UNDERWOOD RISE?

43 UNDERWOOD RISE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% 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 43 UNDERWOOD RISE lies on this distribution: 43% of detached houses are smaller than 43 UNDERWOOD RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

43 UNDERWOOD RISE: Plot and Title Map

43 UNDERWOOD RISE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 43 UNDERWOOD RISE, 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 43 UNDERWOOD RISE). 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 43 UNDERWOOD RISE?

43 UNDERWOOD RISE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 43 on UNDERWOOD RISE.