MAGNOLIA HOUSE, OAKFIELD, HAWKHURST, CRANBROOK, TN18 4JR - £490,000

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

MAGNOLIA HOUSE is a large detached house of 149m², built sometime between 1991 and 1995. It was last sold for £490,000 in January 2021, which was around 37% below the average January 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA HOUSE Sold Prices

Land registry data shows three sales for MAGNOLIA 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 MAGNOLIA 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
2021 15 JAN	£490,000	£775,703	37% below HPI
2009 25 AUG	£340,000	£450,603	25% below HPI
2006 25 JUL	£360,000	£450,092	20% below HPI

MAGNOLIA 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 MAGNOLIA HOUSE sales between July 2006 and January 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 August 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 149m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where MAGNOLIA HOUSE lies on this distribution: 61% of detached houses are smaller than MAGNOLIA HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA HOUSE?

MAGNOLIA HOUSE is located on OAKFIELD in HAWKHURST, in the TN18 postcode district. The below map shows the position of MAGNOLIA HOUSE on OAKFIELD.