THE ORCHARD, LONDON ROAD, SOUTHBOROUGH, TUNBRIDGE WELLS, TN4 0RJ - £1,100,000

THE ORCHARD is a very small detached house of 61m², built sometime from 2007 onwards. It was last sold for £1,100,000 in August 2018, which was around 46% above the average August 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two THE ORCHARD 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
2018 24 AUG	£1,100,000	£751,385	46% above HPI
2009 27 NOV	£487,153	£470,850	3% above HPI

THE ORCHARD 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 two THE ORCHARD sales from November 2009 and August 2018 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 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 61m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where THE ORCHARD lies on this distribution: Less than 1% of detached houses are smaller than THE ORCHARD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southborough.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.385 of an acre, or 1,557m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

THE ORCHARD is located on LONDON ROAD in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of THE ORCHARD on LONDON ROAD.