FARTHINGS, FOREST WAY, TUNBRIDGE WELLS, TN2 5HA - £1,095,000

FARTHINGS is a large extended detached house of 213m², built sometime between 1950 and 1966. It was last sold for £1,095,000 in March 2018, which was around 51% above the average March 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

FARTHINGS Sold Prices

Land registry data shows five sales for FARTHINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the five FARTHINGS 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
2018 16 MAR	£1,095,000	£727,380	51% above HPI
2015 23 MAR	£960,000	£592,073	62% above HPI
2007 3 MAY	£800,000	£472,673	69% above HPI
2002 17 SEP	£475,000	£351,755	35% above HPI
1997 19 NOV	£280,000	£180,085	55% above HPI

FARTHINGS 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 five FARTHINGS sales between November 1997 and March 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 March 2015 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2018 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is FARTHINGS?

FARTHINGS is 213m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 FARTHINGS lies on this distribution: 78% of detached houses are smaller than FARTHINGS, and 22% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

FARTHINGS: Plot and Title Map

FARTHINGS sits on a plot of roughly 0.467 of an acre, or 1,888m². The below map shows the location of FARTHINGS, 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 FARTHINGS). 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 FARTHINGS?

FARTHINGS is located on FOREST WAY in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of FARTHINGS on FOREST WAY.