THE LODGE, WOODBURY PARK ROAD, TUNBRIDGE WELLS, TN4 9NH - £297,000

THE LODGE is a very small detached house of 73m², built sometime before 1900. It was last sold for £297,000 in June 2011, which was around 42% below the average June 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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 LODGE 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
2011 3 JUN	£297,000	£509,629	42% below HPI
2005 9 NOV	£292,000	£421,887	31% below HPI
2005 7 JUL	£162,512	£428,268	62% below HPI

THE LODGE 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 LODGE sales between July 2005 and June 2011 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2011 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is THE LODGE?

THE LODGE is 73m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% 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 THE LODGE lies on this distribution: 4% of detached houses are smaller than THE LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on WOODBURY PARK ROAD in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of THE LODGE on WOODBURY PARK ROAD.