18, OAKFIELD, HAWKHURST, CRANBROOK, TN18 4JR - £680,000

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

18 OAKFIELD is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £680,000 in July 2021, which was around 13% below the average July 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

18 OAKFIELD Sold Prices

Land registry data shows three sales for 18 OAKFIELD 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 18 OAKFIELD 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
2021 20 JUL	£680,000	£785,144	13% below HPI
2016 4 MAR	£490,000	£672,909	27% below HPI
2009 9 JAN	£257,400	£420,972	39% below HPI

18 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 three 18 OAKFIELD sales between January 2009 and July 2021 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 March 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 OAKFIELD?

18 OAKFIELD is 155m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where 18 OAKFIELD lies on this distribution: 68% of detached houses are smaller than 18 OAKFIELD, and 32% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

18 OAKFIELD: Plot and Title Map

18 OAKFIELD sits on a plot of roughly 0.285 of an acre, or 1,153m². The below map shows the location of 18 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 18 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 18 OAKFIELD?

18 OAKFIELD is located in HAWKHURST, in the TN18 postcode district. The below map shows the position of No. 18 on OAKFIELD.