28, OATFIELD DRIVE, CRANBROOK, TN17 3LA - £415,000

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

28 OATFIELD DRIVE is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £415,000 in June 2021, which was around 47% below the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

28 OATFIELD DRIVE Sold Prices

Land registry data shows four sales for 28 OATFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four 28 OATFIELD DRIVE 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 25 JUN	£415,000	£780,667	47% below HPI
2003 30 JUN	£245,000	£371,591	34% below HPI
2000 31 OCT	£149,000	£284,841	48% below HPI
1997 1 JUL	£108,500	£167,594	35% below HPI

28 OATFIELD DRIVE 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 four 28 OATFIELD DRIVE sales between July 1997 and June 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 June 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 28 OATFIELD DRIVE?

28 OATFIELD DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 28 OATFIELD DRIVE lies on this distribution: 18% of detached houses are smaller than 28 OATFIELD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

28 OATFIELD DRIVE: Plot and Title Map

28 OATFIELD DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 28 OATFIELD DRIVE, 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 28 OATFIELD DRIVE). 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 28 OATFIELD DRIVE?

28 OATFIELD DRIVE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 28 on OATFIELD DRIVE.