45, ORCHARD WAY, HORSMONDEN, TONBRIDGE, TN12 8LA - £520,000

45 ORCHARD WAY is a midsized extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £520,000 in November 2018, which was around 30% below the average November 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

45 ORCHARD WAY Sold Prices

Land registry data shows three sales for 45 ORCHARD WAY 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 45 ORCHARD WAY 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 2 NOV	£520,000	£744,177	30% below HPI
2006 8 JUN	£337,500	£442,911	24% below HPI
2002 8 MAY	£216,000	£329,802	35% below HPI

45 ORCHARD WAY 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 45 ORCHARD WAY sales between May 2002 and November 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 45 ORCHARD WAY?

45 ORCHARD WAY is 145m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses by size in Horsmonden, and where 45 ORCHARD WAY lies on this distribution: 57% of detached houses are smaller than 45 ORCHARD WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

45 ORCHARD WAY: Plot and Title Map

45 ORCHARD WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 45 ORCHARD WAY, 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 45 ORCHARD WAY). 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 45 ORCHARD WAY?

45 ORCHARD WAY is located in HORSMONDEN, in the TN12 postcode district. The below map shows the position of No. 45 on ORCHARD WAY.