BANKSIDE, DERWENT DRIVE, TUNBRIDGE WELLS, TN4 9TB - £865,000

BANKSIDE is a midsized detached house of 155m², built sometime between 1983 and 1990. It was last sold for £865,000 in June 2015, which was around 38% above the average June 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE 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 BANKSIDE 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
2015 12 JUN	£865,000	£626,930	38% above HPI
2006 10 FEB	£435,000	£425,151	2% above HPI

BANKSIDE 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 BANKSIDE sales from February 2006 and June 2015 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 February 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is BANKSIDE?

BANKSIDE is 155m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 BANKSIDE lies on this distribution: 53% of detached houses are smaller than BANKSIDE, and 47% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.562 of an acre, or 2,274m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on DERWENT DRIVE in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of BANKSIDE on DERWENT DRIVE.