3, RUSSELLS YARD, CRANBROOK, TN17 3HD - £550,000

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

3 RUSSELLS YARD is a very large detached house of 189m², built sometime between 1996 and 2002. It was last sold for £550,000 in February 2018, which was around 24% below the average February 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was C.

3 RUSSELLS YARD Sold Prices

Land registry data shows four sales for 3 RUSSELLS YARD 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. two of the four 3 RUSSELLS YARD sales were for below the average price, and four were for above 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
2018 12 FEB	£550,000	£726,796	24% below HPI
2009 31 JUL	£419,500	£445,549	6% below HPI
2003 21 NOV	£420,000	£382,522	10% above HPI
1999 3 DEC	£325,000	£239,123	36% above HPI

3 RUSSELLS YARD 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 3 RUSSELLS YARD sales between December 1999 and February 2018 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 July 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 RUSSELLS YARD?

3 RUSSELLS YARD is 189m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 3 RUSSELLS YARD lies on this distribution: 86% of detached houses are smaller than 3 RUSSELLS YARD, and 14% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

3 RUSSELLS YARD: Plot and Title Map

3 RUSSELLS YARD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 3 RUSSELLS YARD, 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 3 RUSSELLS YARD). 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 3 RUSSELLS YARD?

3 RUSSELLS YARD is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 3 on RUSSELLS YARD.