CORNER HOUSE, THE HILL, CRANBROOK, TN17 3AD - £535,000

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

CORNER HOUSE is a small extended detached house of 106m², built sometime before 1900. It was last sold for £535,000 in December 2022, which was around 42% below the average December 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

CORNER HOUSE Sold Prices

Land registry data shows four sales for CORNER HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four CORNER HOUSE 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 9 DEC	£535,000	£915,148	42% below HPI
2012 7 FEB	£356,500	£505,844	30% below HPI
2000 10 JUL	£166,500	£267,582	38% below HPI
1996 11 JUL	£86,000	£147,507	42% below HPI

CORNER HOUSE 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 four CORNER HOUSE sales between July 1996 and December 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 February 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is CORNER HOUSE?

CORNER HOUSE is 106m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where CORNER HOUSE lies on this distribution: 29% of detached houses are smaller than CORNER HOUSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

CORNER HOUSE: Plot and Title Map

CORNER HOUSE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of CORNER HOUSE, 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 CORNER HOUSE). 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 CORNER HOUSE?

CORNER HOUSE is located on THE HILL in CRANBROOK, in the TN17 postcode district. The below map shows the position of CORNER HOUSE on THE HILL.