3, WHEATFIELD WAY, CRANBROOK, TN17 3LS - £385,000

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 WHEATFIELD WAY is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £385,000 in June 2015, which was around 39% below the average June 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

3 WHEATFIELD WAY Sold Prices

Land registry data shows two sales for 3 WHEATFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 3 WHEATFIELD WAY 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
2015 12 JUN	£385,000	£626,930	39% below HPI
2007 2 OCT	£262,000	£509,041	49% below HPI

3 WHEATFIELD WAY 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 two 3 WHEATFIELD WAY sales from October 2007 and June 2015 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 October 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 WHEATFIELD WAY?

3 WHEATFIELD WAY is 105m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 WHEATFIELD WAY lies on this distribution: 29% of detached houses are smaller than 3 WHEATFIELD WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

3 WHEATFIELD WAY: Plot and Title Map

3 WHEATFIELD WAY sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 3 WHEATFIELD WAY, 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 WHEATFIELD WAY). 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 WHEATFIELD WAY?

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