CRANFORD HOUSE, PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, TN3 0PH - £1,100,507

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CRANFORD HOUSE is a large extended detached house of 188m², built sometime between 2003 and 2006, which could now be worth an estimated £1,245,098. It was last sold for £1,100,507 in April 2021, which was around 45% above the average April 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

CRANFORD HOUSE Sold Prices

Land registry data shows two sales for CRANFORD HOUSE 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 CRANFORD HOUSE sales were for above 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
2021 8 APR	£1,100,507	£759,350	45% above HPI
2005 13 MAY	£695,000	£396,946	75% above HPI

CRANFORD 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 two CRANFORD HOUSE sales from May 2005 and April 2021 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 May 2005 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the April 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might CRANFORD HOUSE be worth now?

CRANFORD HOUSE might now be worth an estimated £1,245,098.

This is based on house price inflation of 13.1%, between April 2021 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for CRANFORD HOUSE of £1,100,507 on 8th April 2021. For the value to have increased from £1,100,507 to £1,245,098 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of CRANFORD HOUSE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The April 2021 sale price of £1,100,507 represented a fair market value for the property.
• The size, condition, and specification of CRANFORD HOUSE has not materially changed since April 2021.

How Large is CRANFORD HOUSE?

CRANFORD HOUSE is 188m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Speldhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Speldhurst, and where CRANFORD HOUSE lies on this distribution: 62% of detached houses houses are smaller than CRANFORD HOUSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

CRANFORD HOUSE: Plot and Title Map

CRANFORD HOUSE sits on a plot of roughly 0.328 of an acre, or 1,329m². The below map shows the location of CRANFORD 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 CRANFORD 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 CRANFORD HOUSE?

CRANFORD HOUSE is located on PENSHURST ROAD in SPELDHURST, in the TN3 postcode district. The below map shows the position of CRANFORD HOUSE on PENSHURST ROAD.