HOLLY BANK COTTAGE, BRENCHLEY ROAD, BRENCHLEY, TONBRIDGE, TN12 7NS - £500,000

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

HOLLY BANK COTTAGE is a very small detached house of 102m², built sometime between 1930 and 1949. It was last sold for £500,000 in March 2019, which was around 30% below the average March 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was A.

HOLLY BANK COTTAGE Sold Prices

Land registry data shows two sales for HOLLY BANK COTTAGE 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. One of the two HOLLY BANK COTTAGE sales was for below the average price, whilst the other was 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
2019 27 MAR	£500,000	£719,046	30% below HPI
1997 22 MAY	£160,000	£154,389	4% above HPI

HOLLY BANK COTTAGE 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 HOLLY BANK COTTAGE sales from May 1997 and March 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is HOLLY BANK COTTAGE?

HOLLY BANK COTTAGE is 102m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Brenchley, based on EPC data. The below chart shows the distribution of detached houses by size in Brenchley, and where HOLLY BANK COTTAGE lies on this distribution: 2% of detached houses are smaller than HOLLY BANK COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brenchley.

HOLLY BANK COTTAGE: Plot and Title Map

HOLLY BANK COTTAGE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of HOLLY BANK 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 HOLLY BANK 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 HOLLY BANK COTTAGE?

HOLLY BANK COTTAGE is located on BRENCHLEY ROAD in BRENCHLEY, in the TN12 postcode district. The below map shows the position of HOLLY BANK COTTAGE on BRENCHLEY ROAD.