MILL STREET COTTAGE, MILL STREET, IDEN GREEN, CRANBROOK, TN17 4HH - £300,000

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

MILL STREET COTTAGE is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £300,000 in August 2015, which was around 54% below the average August 2015 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was F.

MILL STREET COTTAGE Sold Prices

Land registry data shows two sales for MILL STREET 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 Tunbridge Wells local authority area for the corresponding sale date. Both of the two MILL STREET COTTAGE 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 21 AUG	£300,000	£646,376	54% below HPI
2002 20 DEC	£172,000	£371,159	54% below HPI

MILL STREET COTTAGE 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 MILL STREET COTTAGE sales from December 2002 and August 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 December 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2015 sale, which was also at 54% below the HPI.

How Large is MILL STREET COTTAGE?

MILL STREET COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Iden Green, based on EPC data. The below chart shows the distribution of detached houses by size in Iden Green, and where MILL STREET COTTAGE lies on this distribution: 7% of detached houses are smaller than MILL STREET COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

MILL STREET COTTAGE: Plot and Title Map

MILL STREET COTTAGE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of MILL STREET 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 MILL STREET 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 MILL STREET COTTAGE?

MILL STREET COTTAGE is located on MILL STREET in IDEN GREEN, in the TN17 postcode district. The below map shows the position of MILL STREET COTTAGE on MILL STREET.