DRIFTWOOD, RYE ROAD, SANDHURST, CRANBROOK, TN18 5JL - £760,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

DRIFTWOOD is a very large extended detached house of 184m², built sometime between 1967 and 1975. It was last sold for £760,000 in March 2018, which was around 4% above the average March 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

DRIFTWOOD Sold Prices

Land registry data shows three sales for DRIFTWOOD 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. One of the three DRIFTWOOD sales was for above the average price, whilst two 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
2018 16 MAR	£760,000	£727,380	4% above HPI
2012 15 MAR	£335,000	£506,655	34% below HPI
2000 11 AUG	£227,000	£272,458	17% below HPI

DRIFTWOOD 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 DRIFTWOOD sales between August 2000 and March 2018 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 March 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is DRIFTWOOD?

DRIFTWOOD is 184m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Sandhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Sandhurst, and where DRIFTWOOD lies on this distribution: 81% of detached houses are smaller than DRIFTWOOD, and 19% of houses are larger. Note that EPC data is not available for all properties in Sandhurst.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on RYE ROAD in SANDHURST, in the TN18 postcode district. The below map shows the position of DRIFTWOOD on RYE ROAD.