8, JOYCE CLOSE, CRANBROOK, TN17 3LZ - £590,000

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

8 JOYCE CLOSE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £590,000 in August 2023, which was around 31% below the average August 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 JOYCE CLOSE Sold Prices

Land registry data shows three sales for 8 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 8 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
2023 18 AUG	£590,000	£855,325	31% below HPI
2013 7 NOV	£350,000	£549,006	36% below HPI
2003 14 FEB	£277,000	£374,758	26% below HPI

8 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 8 JOYCE CLOSE sales between February 2003 and August 2023 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 November 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 JOYCE CLOSE?

8 JOYCE CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 8 JOYCE CLOSE lies on this distribution: 48% of detached houses are smaller than 8 JOYCE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

8 JOYCE CLOSE: Plot and Title Map

8 JOYCE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 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 8 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 8 JOYCE CLOSE?

8 JOYCE CLOSE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 8 on JOYCE CLOSE.