RAGSTONES, PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, TN3 0PQ - £1,165,000

RAGSTONES is a large extended detached house of 243m², built sometime between 1967 and 1975. It was last sold for £1,165,000 in December 2021, which was around 42% above the average December 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

RAGSTONES Sold Prices

Land registry data shows five sales for RAGSTONES 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 RAGSTONES 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 7 DEC	£1,165,000	£817,629	42% above HPI
2009 4 MAR	£675,000	£410,768	64% above HPI
2005 10 FEB	£549,000	£411,894	33% above HPI
2002 16 SEP	£470,000	£351,755	34% above HPI
1996 3 JAN	£189,500	£143,593	32% above HPI

RAGSTONES 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 RAGSTONES sales between January 1996 and December 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 March 2009 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is RAGSTONES?

RAGSTONES is 243m², which includes four extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses in Speldhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Speldhurst, and where RAGSTONES lies on this distribution: 79% of detached houses are smaller than RAGSTONES, and 21% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

RAGSTONES: Plot and Title Map

RAGSTONES sits on a plot of roughly 0.335 of an acre, or 1,354m². The below map shows the location of RAGSTONES, 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 RAGSTONES). 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 RAGSTONES?

RAGSTONES is located on PENSHURST ROAD in SPELDHURST, in the TN3 postcode district. The below map shows the position of RAGSTONES on PENSHURST ROAD.