HITHERTO, NEW ROAD, CRANBROOK, TN17 3LE - £865,500

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

HITHERTO is a very large extended detached house of 241m², built sometime between 1967 and 1975. It was last sold for £865,500 in August 2023, which was around 1% above the average August 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

HITHERTO Sold Prices

Land registry data shows three sales for HITHERTO 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 HITHERTO 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
2023 31 AUG	£865,500	£855,325	1% above HPI
2012 13 SEP	£620,000	£525,070	18% above HPI
2007 24 AUG	£544,000	£491,024	11% above HPI

HITHERTO 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 HITHERTO sales between August 2007 and August 2023 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 September 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is HITHERTO?

HITHERTO is 241m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where HITHERTO lies on this distribution: 94% of detached houses are smaller than HITHERTO, and 6% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

HITHERTO: Plot and Title Map

HITHERTO sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of HITHERTO, 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 HITHERTO). 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 HITHERTO?

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