HEATHER BANK, MILL STREET, IDEN GREEN, CRANBROOK, TN17 4HH - £617,500

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

HEATHER BANK is a midsized extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £617,500 in July 2017, which was around 14% below the average July 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

HEATHER BANK Sold Prices

Land registry data shows three sales for HEATHER BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three HEATHER BANK 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
2017 17 JUL	£617,500	£713,953	14% below HPI
2007 31 AUG	£420,000	£491,024	14% below HPI
2002 30 SEP	£219,000	£351,755	38% below HPI

HEATHER BANK 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 three HEATHER BANK sales between September 2002 and July 2017 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 August 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2017 sale, which was also at 14% below the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 152m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Iden Green, based on EPC data. The below chart shows the distribution of detached houses by size in Iden Green, and where HEATHER BANK lies on this distribution: 59% of detached houses are smaller than HEATHER BANK, and 41% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of HEATHER BANK, 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 HEATHER BANK). 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 HEATHER BANK?

HEATHER BANK is located on MILL STREET in IDEN GREEN, in the TN17 postcode district. The below map shows the position of HEATHER BANK on MILL STREET.