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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 17% 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	£488,755	17% above HPI
1997 7 MAR	£170,000	£119,773	42% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might GRANGELANDS be worth now?

GRANGELANDS might now be worth an estimated £715,513.

This is based on house price inflation of 25.5%, between August 2016 and December 2024, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for GRANGELANDS of £570,000 on 12th August 2016. For the value to have increased from £570,000 to £715,513 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of GRANGELANDS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The August 2016 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of GRANGELANDS has not materially changed since August 2016.

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 houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groombridge, and where GRANGELANDS lies on this distribution: 45% of detached houses houses are smaller than GRANGELANDS, and 55% 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.