2, MERCERS, HAWKHURST, CRANBROOK, TN18 4LH - £565,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MERCERS is a large extended detached house of 178m², built sometime between 1967 and 1975, which could now be worth an estimated £680,609. It was last sold for £565,000 in January 2019, which was around 21% below the average January 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 MERCERS Sold Prices

Land registry data shows three sales for 2 MERCERS 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 2 MERCERS 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
2019 24 JAN	£565,000	£716,248	21% below HPI
2015 3 AUG	£495,000	£631,507	22% below HPI
2010 4 AUG	£330,000	£502,725	34% below HPI

2 MERCERS 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 2 MERCERS sales between August 2010 and January 2019 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 MERCERS be worth now?

2 MERCERS might now be worth an estimated £680,609.

This is based on house price inflation of 20.5%, between January 2019 and December 2024, for 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 20.5% inflationary increase is applied to the most recent sale price for 2 MERCERS of £565,000 on 24th January 2019. For the value to have increased from £565,000 to £680,609 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 2 MERCERS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The January 2019 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERCERS has not materially changed since January 2019.

How Large is 2 MERCERS?

2 MERCERS is 178m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkhurst, and where 2 MERCERS lies on this distribution: 80% of detached houses houses are smaller than 2 MERCERS, and 20% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

2 MERCERS: Plot and Title Map

2 MERCERS sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 2 MERCERS, 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 2 MERCERS). 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 2 MERCERS?

2 MERCERS is located in HAWKHURST, in the TN18 postcode district. The below map shows the position of No. 2 on MERCERS.