FARTHING COTTAGE, LAMBERHURST DOWN, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HD - £1,100,000

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

FARTHING COTTAGE is a very large extended detached house of 241m², built sometime between 1930 and 1949. It was last sold for £1,100,000 in February 2020, which was around 50% above the average February 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was D.

FARTHING COTTAGE Sold Prices

Land registry data shows three sales for FARTHING COTTAGE 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 FARTHING COTTAGE 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
2020 4 FEB	£1,100,000	£732,850	50% above HPI
2002 29 JAN	£410,000	£315,729	30% above HPI
1998 31 JUL	£297,000	£199,845	49% above HPI

FARTHING 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 three FARTHING COTTAGE sales between July 1998 and February 2020 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 January 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is FARTHING COTTAGE?

FARTHING COTTAGE is 241m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where FARTHING COTTAGE lies on this distribution: 88% of detached houses are smaller than FARTHING COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

FARTHING COTTAGE: Plot and Title Map

FARTHING COTTAGE sits on a plot of roughly 0.352 of an acre, or 1,425m². The below map shows the location of FARTHING 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 FARTHING 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 FARTHING COTTAGE?

FARTHING COTTAGE is located on LAMBERHURST DOWN in LAMBERHURST, in the TN3 postcode district. The below map shows the position of FARTHING COTTAGE on LAMBERHURST DOWN.