MAYES COTTAGE, CORSELEY ROAD, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9SG - £950,000

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

MAYES COTTAGE is a large extended detached house of 205m², built sometime between 1900 and 1929. It was last sold for £950,000 in March 2022, which was around 67% above the average March 2022 detached price in the Wealden local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

MAYES COTTAGE Sold Prices

Land registry data shows two sales for MAYES 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 Wealden local authority area for the corresponding sale date. Both of the two MAYES COTTAGE sales were 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
2022 25 MAR	£950,000	£567,648	67% above HPI
2010 19 MAR	£542,500	£343,503	58% above HPI

MAYES COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two MAYES COTTAGE sales from March 2010 and March 2022 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 March 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is MAYES COTTAGE?

MAYES COTTAGE is 205m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where MAYES COTTAGE lies on this distribution: 75% of detached houses are smaller than MAYES COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

MAYES COTTAGE: Plot and Title Map

MAYES COTTAGE sits on a plot of roughly 0.154 of an acre, or 621m². The below map shows the location of MAYES 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 MAYES 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 MAYES COTTAGE?

MAYES COTTAGE is located on CORSELEY ROAD in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of MAYES COTTAGE on CORSELEY ROAD.