CONCORD, WATERLOO ROAD, CRANBROOK, TN17 3JQ - £450,000

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

CONCORD is a midsized semi-detached house of 121m², built sometime before 1900. It was last sold for £450,000 in October 2012, which was around 14% below the average October 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

CONCORD Sold Prices

Land registry data shows three sales for CONCORD 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 CONCORD 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
2012 12 OCT	£450,000	£523,639	14% below HPI
2006 18 AUG	£425,000	£458,159	7% below HPI
2000 13 OCT	£205,000	£284,841	28% below HPI

CONCORD 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 CONCORD sales between October 2000 and October 2012 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CONCORD?

CONCORD is 121m² according to the EPC inspection conducted in March 2012. 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 CONCORD lies on this distribution: 43% of detached houses are smaller than CONCORD, and 57% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

CONCORD: Plot and Title Map

CONCORD sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of CONCORD, 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 CONCORD). 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 CONCORD?

CONCORD is located on WATERLOO ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of CONCORD on WATERLOO ROAD.