HOMELANDS, ROPE WALK, CRANBROOK, TN17 3DZ - £825,000

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.

HOMELANDS is a very large extended detached house of 232m², built sometime between 1967 and 1975, which could now be worth an estimated £929,284. It was last sold for £825,000 in June 2021, which was around 8% above the average June 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

HOMELANDS Sold Prices

Land registry data shows two sales for HOMELANDS 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 HOMELANDS sales was for above the average price, whilst the other was 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 21 JUN	£825,000	£762,708	8% above HPI
1999 15 JUL	£180,750	£215,556	16% below HPI

HOMELANDS 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 HOMELANDS sales from July 1999 and June 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 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HOMELANDS be worth now?

HOMELANDS might now be worth an estimated £929,284.

This is based on house price inflation of 12.6%, between June 2021 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 12.6% inflationary increase is applied to the most recent sale price for HOMELANDS of £825,000 on 21st June 2021. For the value to have increased from £825,000 to £929,284 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of HOMELANDS has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The June 2021 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELANDS has not materially changed since June 2021.

How Large is HOMELANDS?

HOMELANDS is 232m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 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 HOMELANDS lies on this distribution: 92% of detached houses houses are smaller than HOMELANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

HOMELANDS: Plot and Title Map

HOMELANDS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of HOMELANDS, 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 HOMELANDS). 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 HOMELANDS?

HOMELANDS is located on ROPE WALK in CRANBROOK, in the TN17 postcode district. The below map shows the position of HOMELANDS on ROPE WALK.