OVERWELLS, SHANDON CLOSE, TUNBRIDGE WELLS, TN2 3RE - £1,250,000

OVERWELLS is a small detached house of 127m², built sometime between 1976 and 1982. It was last sold for £1,250,000 in March 2022, which was around 49% above the average March 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2021, where the current energy rating was G, and the potential energy rating was E.

OVERWELLS Sold Prices

Land registry data shows three sales for OVERWELLS 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. Two of the three OVERWELLS sales were for above the average price, whilst one was 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
2022 14 MAR	£1,250,000	£837,937	49% above HPI
2005 31 AUG	£480,000	£428,711	12% above HPI
1999 22 JUN	£200,000	£212,823	6% below HPI

OVERWELLS 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 OVERWELLS sales between June 1999 and March 2022 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is OVERWELLS?

OVERWELLS is 127m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 OVERWELLS lies on this distribution: 36% of detached houses are smaller than OVERWELLS, and 64% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

OVERWELLS: Plot and Title Map

OVERWELLS sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of OVERWELLS, 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 OVERWELLS). 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 OVERWELLS?

OVERWELLS is located on SHANDON CLOSE in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of OVERWELLS on SHANDON CLOSE.