THE GATEWAYS, BRENCHLEY ROAD, HORSMONDEN, TONBRIDGE, TN12 8DN - £562,000

THE GATEWAYS is a midsized detached house of 146m², built sometime between 1967 and 1975. It was last sold for £562,000 in October 2016, which was around 21% below the average October 2016 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

THE GATEWAYS Sold Prices

Land registry data shows three sales for THE GATEWAYS 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 THE GATEWAYS sales were 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
2016 13 OCT	£562,000	£711,501	21% below HPI
2007 31 OCT	£445,000	£509,041	13% below HPI
2003 31 OCT	£310,000	£380,201	18% below HPI

THE GATEWAYS 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 THE GATEWAYS sales between October 2003 and October 2016 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 October 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE GATEWAYS?

THE GATEWAYS is 146m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses by size in Horsmonden, and where THE GATEWAYS lies on this distribution: 58% of detached houses are smaller than THE GATEWAYS, and 41% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

THE GATEWAYS: Plot and Title Map

THE GATEWAYS sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of THE GATEWAYS, 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 THE GATEWAYS). 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 THE GATEWAYS?

THE GATEWAYS is located on BRENCHLEY ROAD in HORSMONDEN, in the TN12 postcode district. The below map shows the position of THE GATEWAYS on BRENCHLEY ROAD.