GRANGELANDS, HENDAL HILL, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9NS - £570,000

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

GRANGELANDS is a midsized extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £570,000 in August 2016, which was around 21% above the average August 2016 detached price in the Wealden local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

GRANGELANDS Sold Prices

Land registry data shows two sales for GRANGELANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two GRANGELANDS 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
2016 12 AUG	£570,000	£471,746	21% above HPI
1997 7 MAR	£170,000	£115,605	47% above HPI

GRANGELANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two GRANGELANDS sales from March 1997 and August 2016 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 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is GRANGELANDS?

GRANGELANDS is 153m², which includes four extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where GRANGELANDS lies on this distribution: 46% of detached houses are smaller than GRANGELANDS, and 54% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

GRANGELANDS: Plot and Title Map

GRANGELANDS sits on a plot of roughly 1.1 acres, or 4,253m². The below map shows the location of GRANGELANDS, 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 GRANGELANDS). 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 GRANGELANDS?

GRANGELANDS is located on HENDAL HILL in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of GRANGELANDS on HENDAL HILL.