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
GREEN LANE COTTAGE is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £975,000 in February 2022, which was around 16% above the average February 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for GREEN LANE COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. two of the four GREEN LANE COTTAGE sales were for above the average price, and four 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 |
---|---|---|---|
2022 22 FEB | £975,000 | £836,912 | 16% above HPI |
2012 31 JAN | £720,000 | £505,173 | 43% above HPI |
2001 31 JAN | £150,000 | £280,625 | 47% below HPI |
1999 22 NOV | £95,000 | £234,879 | 60% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The four GREEN LANE COTTAGE sales between November 1999 and February 2022 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 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.
GREEN LANE COTTAGE is 71m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lamberhurst, and where GREEN LANE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than GREEN LANE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.
GREEN LANE COTTAGE sits on a plot of roughly 0.541 of an acre, or 2,188m². The below map shows the location of GREEN LANE 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 GREEN LANE 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.
GREEN LANE COTTAGE is located on THE SLADE in LAMBERHURST, in the TN3 postcode district. The below map shows the position of GREEN LANE COTTAGE on THE SLADE.