8, CHESTNUT LANE, MATFIELD, TONBRIDGE, TN12 7JL - £380,000

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.

8 CHESTNUT LANE is a small extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £595,176. It was last sold for £380,000 in October 2013, which was around 29% below the average October 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

8 CHESTNUT LANE Sold Prices

Land registry data shows four sales for 8 CHESTNUT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 8 CHESTNUT LANE 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
2013 7 OCT	£380,000	£532,228	29% below HPI
2011 23 MAY	£360,000	£500,178	28% below HPI
2007 31 JAN	£345,000	£452,242	24% below HPI
1999 24 AUG	£175,000	£223,082	22% below HPI

8 CHESTNUT LANE 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 four 8 CHESTNUT LANE sales between August 1999 and October 2013 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 May 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 CHESTNUT LANE be worth now?

8 CHESTNUT LANE might now be worth an estimated £595,176.

This is based on house price inflation of 56.6%, between October 2013 and March 2025, for detached 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 56.6% inflationary increase is applied to the most recent sale price for 8 CHESTNUT LANE of £380,000 on 7th October 2013. For the value to have increased from £380,000 to £595,176 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 CHESTNUT LANE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The October 2013 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT LANE has not materially changed since October 2013.

How Large is 8 CHESTNUT LANE?

8 CHESTNUT LANE is 112m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Matfield, and where 8 CHESTNUT LANE lies on this distribution: 23% of detached houses houses are smaller than 8 CHESTNUT LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Matfield.

8 CHESTNUT LANE: Plot and Title Map

8 CHESTNUT LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 8 CHESTNUT LANE, 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 8 CHESTNUT LANE). 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 8 CHESTNUT LANE?

8 CHESTNUT LANE is located in MATFIELD, in the TN12 postcode district. The below map shows the position of No. 8 on CHESTNUT LANE.