CHRISTMAS COTTAGE, HIGH STREET, CRANBROOK, TN17 3EB - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHRISTMAS COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £320,000 in November 2022, which was around 65% below the average November 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

CHRISTMAS COTTAGE Sold Prices

Land registry data shows three sales for CHRISTMAS COTTAGE 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 CHRISTMAS COTTAGE 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 4 NOV	£320,000	£914,607	65% below HPI
2001 20 OCT	£125,000	£311,912	60% below HPI
1998 23 DEC	£83,000	£196,265	58% below HPI

CHRISTMAS COTTAGE 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 CHRISTMAS COTTAGE sales between December 1998 and November 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 October 2001 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the November 2022 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is 66m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where CHRISTMAS COTTAGE lies on this distribution: 4% of detached houses are smaller than CHRISTMAS COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

CHRISTMAS COTTAGE: Plot and Title Map

CHRISTMAS COTTAGE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of CHRISTMAS COTTAGE, 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 CHRISTMAS COTTAGE). 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 CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is located on HIGH STREET in CRANBROOK, in the TN17 postcode district. The below map shows the position of CHRISTMAS COTTAGE on HIGH STREET.