3, VICTORIA COTTAGES, CARRIERS ROAD, CRANBROOK, TN17 3JP - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 VICTORIA COTTAGES is a small extended semi-detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £625,461. It was last sold for £545,000 in March 2021, which was around 25% above the average March 2021 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

3 VICTORIA COTTAGES Sold Prices

Land registry data shows two sales for 3 VICTORIA COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 3 VICTORIA COTTAGES sales 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
2021 5 MAR	£545,000	£436,237	25% above HPI
2004 21 MAY	£235,000	£226,791	4% above HPI

3 VICTORIA COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 3 VICTORIA COTTAGES sales from May 2004 and March 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 May 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 VICTORIA COTTAGES be worth now?

3 VICTORIA COTTAGES might now be worth an estimated £625,461.

This is based on house price inflation of 14.8%, between March 2021 and February 2025, for semi-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 14.8% inflationary increase is applied to the most recent sale price for 3 VICTORIA COTTAGES of £545,000 on 5th March 2021. For the value to have increased from £545,000 to £625,461 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 VICTORIA COTTAGES has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The March 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VICTORIA COTTAGES has not materially changed since March 2021.

How Large is 3 VICTORIA COTTAGES?

3 VICTORIA COTTAGES is 100m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of semi-detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranbrook, and where 3 VICTORIA COTTAGES lies on this distribution: 25% of semi-detached houses houses are smaller than 3 VICTORIA COTTAGES, and 73% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

3 VICTORIA COTTAGES: Plot and Title Map

3 VICTORIA COTTAGES sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 3 VICTORIA COTTAGES, 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 VICTORIA COTTAGES). 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 VICTORIA COTTAGES?

3 VICTORIA COTTAGES is located on CARRIERS ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of 3 VICTORIA COTTAGES on CARRIERS ROAD.