CORSICA COTTAGE, BRENCHLEY ROAD, MATFIELD, TONBRIDGE, TN12 7PT - £725,000

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

CORSICA COTTAGE is a large extended detached house of 185m², built sometime before 1900. It was last sold for £725,000 in August 2022, which was around 19% below the average August 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

CORSICA COTTAGE Sold Prices

Land registry data shows two sales for CORSICA COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two CORSICA 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 11 AUG	£725,000	£890,323	19% below HPI
1997 17 DEC	£152,500	£183,743	17% below HPI

CORSICA 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 two CORSICA COTTAGE sales from December 1997 and August 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 December 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is CORSICA COTTAGE?

CORSICA COTTAGE is 185m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses by size in Matfield, and where CORSICA COTTAGE lies on this distribution: 74% of detached houses are smaller than CORSICA COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Matfield.

CORSICA COTTAGE: Plot and Title Map

CORSICA COTTAGE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of CORSICA 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 CORSICA 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 CORSICA COTTAGE?

CORSICA COTTAGE is located on BRENCHLEY ROAD in MATFIELD, in the TN12 postcode district. The below map shows the position of CORSICA COTTAGE on BRENCHLEY ROAD.