ILEX HOUSE, CARRIERS ROAD, CRANBROOK, TN17 3JT - £540,000

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

ILEX HOUSE is a large extended detached house of 158m², built sometime between 1950 and 1966. It was last sold for £540,000 in July 2015, which was around 17% below the average July 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

ILEX HOUSE Sold Prices

Land registry data shows three sales for ILEX HOUSE 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 ILEX HOUSE 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
2015 24 JUL	£540,000	£647,709	17% below HPI
2005 8 FEB	£395,000	£411,894	4% below HPI
2001 12 DEC	£240,000	£311,137	23% below HPI

ILEX HOUSE 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 ILEX HOUSE sales between December 2001 and July 2015 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 February 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is ILEX HOUSE?

ILEX HOUSE is 158m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where ILEX HOUSE lies on this distribution: 76% of detached houses are smaller than ILEX HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

ILEX HOUSE: Plot and Title Map

ILEX HOUSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of ILEX HOUSE, 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 ILEX HOUSE). 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 ILEX HOUSE?

ILEX HOUSE is located on CARRIERS ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of ILEX HOUSE on CARRIERS ROAD.