48, JOYCE CLOSE, CRANBROOK, TN17 3LZ - £297,600

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

48 JOYCE CLOSE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £297,600 in May 2014, which was around 46% below the average May 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

48 JOYCE CLOSE Sold Prices

Land registry data shows three sales for 48 JOYCE CLOSE 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 48 JOYCE CLOSE 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
2014 15 MAY	£297,600	£555,673	46% below HPI
2003 30 APR	£235,000	£371,350	37% below HPI
1997 19 SEP	£108,950	£177,222	39% below HPI

48 JOYCE CLOSE 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 48 JOYCE CLOSE sales between September 1997 and May 2014 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 April 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 48 JOYCE CLOSE?

48 JOYCE CLOSE is 83m² according to the EPC inspection conducted in March 2024. 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 48 JOYCE CLOSE lies on this distribution: 12% of detached houses are smaller than 48 JOYCE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

48 JOYCE CLOSE: Plot and Title Map

48 JOYCE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 48 JOYCE CLOSE, 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 48 JOYCE CLOSE). 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 48 JOYCE CLOSE?

48 JOYCE CLOSE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 48 on JOYCE CLOSE.