GREEN ACRES, SPRING LANE, BIDBOROUGH, TUNBRIDGE WELLS, TN3 0UE - £1,400,000

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.

GREEN ACRES is a large extended detached house of 213m², built sometime between 1930 and 1949, which could now be worth an estimated £1,578,346. It was last sold for £1,400,000 in September 2021, which was around 77% above the average September 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

GREEN ACRES Sold Prices

Land registry data shows three sales for GREEN ACRES 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 GREEN ACRES 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
2021 10 SEP	£1,400,000	£792,966	77% above HPI
2003 1 AUG	£399,950	£368,972	8% above HPI
2000 23 JUN	£317,500	£258,987	23% above HPI

GREEN ACRES 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 GREEN ACRES sales between June 2000 and September 2021 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 August 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might GREEN ACRES be worth now?

GREEN ACRES might now be worth an estimated £1,578,346.

This is based on house price inflation of 12.7%, between September 2021 and June 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 12.7% inflationary increase is applied to the most recent sale price for GREEN ACRES of £1,400,000 on 10th September 2021. For the value to have increased from £1,400,000 to £1,578,346 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of GREEN ACRES has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The September 2021 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN ACRES has not materially changed since September 2021.

How Large is GREEN ACRES?

GREEN ACRES is 213m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses houses in Bidborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bidborough, and where GREEN ACRES lies on this distribution: 71% of detached houses houses are smaller than GREEN ACRES, and 29% of houses are larger. Note that EPC data is not available for all properties in Bidborough.

GREEN ACRES: Plot and Title Map

GREEN ACRES sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of GREEN ACRES, 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 GREEN ACRES). 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 GREEN ACRES?

GREEN ACRES is located on SPRING LANE in BIDBOROUGH, in the TN3 postcode district. The below map shows the position of GREEN ACRES on SPRING LANE.