GRODORNA, CAUSTON ROAD, CRANBROOK, TN17 3ER - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRODORNA is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £477,772. It was last sold for £395,000 in June 2019, which was around 44% below the average June 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

GRODORNA Sold Prices

Land registry data shows two sales for GRODORNA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two GRODORNA sales 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
2019 27 JUN	£395,000	£710,280	44% below HPI
1997 23 MAY	£117,500	£150,837	22% below HPI

GRODORNA 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 two GRODORNA sales from May 1997 and June 2019 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 May 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might GRODORNA be worth now?

GRODORNA might now be worth an estimated £477,772.

This is based on house price inflation of 21%, between June 2019 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for GRODORNA of £395,000 on 27th June 2019. For the value to have increased from £395,000 to £477,772 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of GRODORNA has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The June 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GRODORNA has not materially changed since June 2019.

How Large is GRODORNA?

GRODORNA is 66m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where GRODORNA lies on this distribution: 4% of detached houses houses are smaller than GRODORNA, and 95% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

GRODORNA: Plot and Title Map

GRODORNA sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of GRODORNA, 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 GRODORNA). 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 GRODORNA?

GRODORNA is located on CAUSTON ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of GRODORNA on CAUSTON ROAD.