2, OAKLANDS ROAD, HAWKHURST, CRANBROOK, TN18 4LL - £570,000

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

2 OAKLANDS ROAD is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £570,000 in June 2022, which was around 33% below the average June 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 OAKLANDS ROAD Sold Prices

Land registry data shows five sales for 2 OAKLANDS ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the five 2 OAKLANDS ROAD 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
2022 14 JUN	£570,000	£848,601	33% below HPI
2018 29 MAR	£475,000	£727,380	35% below HPI
2016 5 AUG	£445,000	£694,583	36% below HPI
2005 24 JUN	£325,000	£412,796	21% below HPI
1999 18 MAR	£115,000	£204,898	44% below HPI

2 OAKLANDS ROAD 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 five 2 OAKLANDS ROAD sales between March 1999 and June 2022 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 OAKLANDS ROAD?

2 OAKLANDS ROAD is 90m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where 2 OAKLANDS ROAD lies on this distribution: 14% of detached houses are smaller than 2 OAKLANDS ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

2 OAKLANDS ROAD: Plot and Title Map

2 OAKLANDS ROAD sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 2 OAKLANDS ROAD, 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 OAKLANDS ROAD). 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 OAKLANDS ROAD?

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