BUTTERFLIES, WESTERN ROAD, HAWKHURST, CRANBROOK, TN18 4BT - £342,000

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

BUTTERFLIES is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £342,000 in September 2022, which was around 62% below the average September 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

BUTTERFLIES Sold Prices

Land registry data shows three sales for BUTTERFLIES 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 BUTTERFLIES 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
2022 27 SEP	£342,000	£898,829	62% below HPI
2015 6 AUG	£250,000	£646,376	61% below HPI
2006 22 SEP	£187,500	£460,543	59% below HPI

BUTTERFLIES 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 BUTTERFLIES sales between September 2006 and September 2022 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 August 2015 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2022 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is BUTTERFLIES?

BUTTERFLIES is 79m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where BUTTERFLIES lies on this distribution: 6% of detached houses are smaller than BUTTERFLIES, and 94% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

BUTTERFLIES: Plot and Title Map

BUTTERFLIES sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of BUTTERFLIES, 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 BUTTERFLIES). 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 BUTTERFLIES?

BUTTERFLIES is located on WESTERN ROAD in HAWKHURST, in the TN18 postcode district. The below map shows the position of BUTTERFLIES on WESTERN ROAD.