HANOVER COTTAGE, LUXFORD LANE, CROWBOROUGH, TN6 2PE - £390,000

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

HANOVER COTTAGE is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £390,000 in March 2021, which was around 25% below the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

HANOVER COTTAGE Sold Prices

Land registry data shows three sales for HANOVER 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 Wealden local authority area for the corresponding sale date. All of the three HANOVER COTTAGE 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
2021 1 MAR	£390,000	£520,343	25% below HPI
2016 8 JUL	£325,000	£456,038	29% below HPI
1999 12 NOV	£115,000	£168,792	32% below HPI

HANOVER COTTAGE 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 three HANOVER COTTAGE sales between November 1999 and March 2021 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 July 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is HANOVER COTTAGE?

HANOVER COTTAGE is 91m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where HANOVER COTTAGE lies on this distribution: 14% of detached houses are smaller than HANOVER COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

HANOVER COTTAGE: Plot and Title Map

HANOVER COTTAGE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of HANOVER 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 HANOVER 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 HANOVER COTTAGE?

HANOVER COTTAGE is located on LUXFORD LANE in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of HANOVER COTTAGE on LUXFORD LANE.