5, BEECH CLOSE, TUNBRIDGE WELLS, TN2 5GB - £360,000

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.

5 BEECH CLOSE is a very small terraced house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £453,132. It was last sold for £360,000 in February 2017, which was around 12% above the average February 2017 terraced price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

5 BEECH CLOSE Sold Prices

Land registry data shows two sales for 5 BEECH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 5 BEECH CLOSE sales were for above 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
2017 24 FEB	£360,000	£320,112	12% above HPI
2006 21 DEC	£325,000	£215,680	51% above HPI

5 BEECH CLOSE 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 two 5 BEECH CLOSE sales from December 2006 and February 2017 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 December 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 BEECH CLOSE be worth now?

5 BEECH CLOSE might now be worth an estimated £453,132.

This is based on house price inflation of 25.9%, between February 2017 and May 2026, 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 25.9% inflationary increase is applied to the most recent sale price for 5 BEECH CLOSE of £360,000 on 24th February 2017. For the value to have increased from £360,000 to £453,132 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 BEECH CLOSE has moved in line with the HPI for terraced houses in the Tunbridge Wells local authority area.
• The February 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BEECH CLOSE has not materially changed since February 2017.

How Large is 5 BEECH CLOSE?

5 BEECH CLOSE is 89m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of terraced houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Tunbridge Wells, and where 5 BEECH CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 5 BEECH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

5 BEECH CLOSE: Plot and Title Map

5 BEECH CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 5 BEECH 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 5 BEECH 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 5 BEECH CLOSE?

5 BEECH CLOSE is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 5 on BEECH CLOSE.