PEAR TREES, PEMBURY ROAD, TUNBRIDGE WELLS, TN2 3QY - £800,000

PEAR TREES is a midsized detached house of 158m², built sometime between 1967 and 1975. It was last sold for £800,000 in July 2019, which was around 10% above the average July 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was D.

PEAR TREES Sold Prices

Land registry data shows three sales for PEAR TREES 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 PEAR TREES 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
2019 5 JUL	£800,000	£725,993	10% above HPI
2015 17 NOV	£675,000	£639,735	6% above HPI
2002 3 SEP	£365,500	£351,755	4% above HPI

PEAR TREES 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 PEAR TREES sales between September 2002 and July 2019 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 November 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is PEAR TREES?

PEAR TREES is 158m² according to the EPC inspection conducted in September 2016. 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 PEAR TREES lies on this distribution: 55% of detached houses are smaller than PEAR TREES, and 45% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

PEAR TREES: Plot and Title Map

PEAR TREES sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of PEAR TREES, 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 PEAR TREES). 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 PEAR TREES?

PEAR TREES is located on PEMBURY ROAD in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of PEAR TREES on PEMBURY ROAD.