JASMINE, DOROTHY AVENUE, CRANBROOK, TN17 3AN - £400,000

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

JASMINE is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £400,000 in November 2017, which was around 43% below the average November 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

JASMINE Sold Prices

Land registry data shows two sales for JASMINE 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. Both of the two JASMINE 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 NOV	£400,000	£707,642	43% below HPI
2007 22 JUN	£310,000	£476,225	35% below HPI

JASMINE 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 JASMINE sales from June 2007 and November 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 June 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is JASMINE?

JASMINE is 130m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where JASMINE lies on this distribution: 54% of detached houses are smaller than JASMINE, and 46% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

JASMINE: Plot and Title Map

JASMINE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of JASMINE, 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 JASMINE). 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 JASMINE?

JASMINE is located on DOROTHY AVENUE in CRANBROOK, in the TN17 postcode district. The below map shows the position of JASMINE on DOROTHY AVENUE.