12, JOYCE CLOSE, CRANBROOK, TN17 3LZ - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 JOYCE CLOSE is a very small semi-detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £404,284. It was last sold for £170,000 in December 2003, which was around 19% below the average December 2003 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

12 JOYCE CLOSE Sold Prices

Land registry data shows two sales for 12 JOYCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 12 JOYCE CLOSE 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
2003 15 DEC	£170,000	£210,518	19% below HPI
2001 3 AUG	£131,500	£156,822	16% below HPI

12 JOYCE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 12 JOYCE CLOSE sales from August 2001 and December 2003 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 August 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2003 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 JOYCE CLOSE be worth now?

12 JOYCE CLOSE might now be worth an estimated £404,284.

This is based on house price inflation of 137.8%, between December 2003 and February 2025, for semi-detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 137.8% inflationary increase is applied to the most recent sale price for 12 JOYCE CLOSE of £170,000 on 15th December 2003. For the value to have increased from £170,000 to £404,284 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 JOYCE CLOSE has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The December 2003 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 JOYCE CLOSE has not materially changed since December 2003.

How Large is 12 JOYCE CLOSE?

12 JOYCE CLOSE is 64m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of semi-detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranbrook, and where 12 JOYCE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 12 JOYCE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

12 JOYCE CLOSE: Plot and Title Map

12 JOYCE CLOSE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 12 JOYCE CLOSE, 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 12 JOYCE CLOSE). 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 12 JOYCE CLOSE?

12 JOYCE CLOSE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 12 on JOYCE CLOSE.