12, WHEATFIELD WAY, CRANBROOK, TN17 3LX - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 WHEATFIELD WAY is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £335,000 in April 2014, which was around 40% below the average April 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

12 WHEATFIELD WAY Sold Prices

Land registry data shows three sales for 12 WHEATFIELD WAY 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 12 WHEATFIELD WAY 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
2014 24 APR	£335,000	£556,352	40% below HPI
2006 18 SEP	£276,000	£460,543	40% below HPI
1995 23 MAR	£85,000	£136,034	38% below HPI

12 WHEATFIELD WAY 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 12 WHEATFIELD WAY sales between March 1995 and April 2014 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 September 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2014 sale, which was also at 40% below the HPI.

How Large is 12 WHEATFIELD WAY?

12 WHEATFIELD WAY is 61m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 12 WHEATFIELD WAY lies on this distribution: 3% of detached houses are smaller than 12 WHEATFIELD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

12 WHEATFIELD WAY: Plot and Title Map

12 WHEATFIELD WAY sits on a plot of roughly 0.157 of an acre, or 633m². The below map shows the location of 12 WHEATFIELD WAY, 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 WHEATFIELD WAY). 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 WHEATFIELD WAY?

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