11, OAKFIELD, HAWKHURST, CRANBROOK, TN18 4JR - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 OAKFIELD is a midsized detached house of 134m², built sometime between 1950 and 1966. It was last sold for £490,000 in June 2015, which was around 22% below the average June 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

11 OAKFIELD Sold Prices

Land registry data shows two sales for 11 OAKFIELD 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. One of the two 11 OAKFIELD sales was for below the average price, whilst the other was 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
2015 8 JUN	£490,000	£626,930	22% below HPI
1997 4 FEB	£168,000	£156,653	7% above HPI

11 OAKFIELD 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 11 OAKFIELD sales from February 1997 and June 2015 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 February 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 OAKFIELD?

11 OAKFIELD is 134m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where 11 OAKFIELD lies on this distribution: 51% of detached houses are smaller than 11 OAKFIELD, and 48% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

11 OAKFIELD: Plot and Title Map

11 OAKFIELD sits on a plot of roughly 0.314 of an acre, or 1,271m². The below map shows the location of 11 OAKFIELD, 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 11 OAKFIELD). 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 11 OAKFIELD?

11 OAKFIELD is located in HAWKHURST, in the TN18 postcode district. The below map shows the position of No. 11 on OAKFIELD.