23, STREAM PIT LANE, SANDHURST, CRANBROOK, TN18 5LB - £295,000

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

23 STREAM PIT LANE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £295,000 in December 2017, which was around 59% below the average December 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

23 STREAM PIT LANE Sold Prices

Land registry data shows three sales for 23 STREAM PIT LANE 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 23 STREAM PIT LANE 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
2017 11 DEC	£295,000	£715,473	59% below HPI
2015 24 AUG	£235,000	£646,376	64% below HPI
2012 9 NOV	£185,000	£522,112	65% below HPI

23 STREAM PIT LANE 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 23 STREAM PIT LANE sales between November 2012 and December 2017 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 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the December 2017 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 23 STREAM PIT LANE?

23 STREAM PIT LANE is 61m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Sandhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Sandhurst, and where 23 STREAM PIT LANE lies on this distribution: Less than 1% of detached houses are smaller than 23 STREAM PIT LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sandhurst.

23 STREAM PIT LANE: Plot and Title Map

23 STREAM PIT LANE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 23 STREAM PIT LANE, 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 23 STREAM PIT LANE). 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 23 STREAM PIT LANE?

23 STREAM PIT LANE is located in SANDHURST, in the TN18 postcode district. The below map shows the position of No. 23 on STREAM PIT LANE.