NEW ENGLAND COTTAGE, NEWLANDS ROAD, TUNBRIDGE WELLS, TN4 9AT - £925,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEW ENGLAND COTTAGE is a small extended detached house of 115m², built sometime before 1900, which could now be worth an estimated £1,109,908. It was last sold for £925,000 in February 2020, which was around 29% above the average February 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

NEW ENGLAND COTTAGE Sold Prices

Land registry data shows two sales for NEW ENGLAND 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 NEW ENGLAND 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
2020 21 FEB	£925,000	£715,991	29% above HPI
2004 9 JUL	£437,500	£410,232	7% above HPI

NEW ENGLAND 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 NEW ENGLAND COTTAGE sales from July 2004 and February 2020 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 July 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might NEW ENGLAND COTTAGE be worth now?

NEW ENGLAND COTTAGE might now be worth an estimated £1,109,908.

This is based on house price inflation of 20%, between February 2020 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for NEW ENGLAND COTTAGE of £925,000 on 21st February 2020. For the value to have increased from £925,000 to £1,109,908 over the five years to February 2025, the following assumptions must hold true:

• The value of NEW ENGLAND COTTAGE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2020 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of NEW ENGLAND COTTAGE has not materially changed since February 2020.

How Large is NEW ENGLAND COTTAGE?

NEW ENGLAND COTTAGE is 115m², which includes four extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where NEW ENGLAND COTTAGE lies on this distribution: 27% of detached houses houses are smaller than NEW ENGLAND COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

NEW ENGLAND COTTAGE: Plot and Title Map

NEW ENGLAND COTTAGE sits on a plot of roughly 0.592 of an acre, or 2,395m². The below map shows the location of NEW ENGLAND 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 NEW ENGLAND 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 NEW ENGLAND COTTAGE?

NEW ENGLAND COTTAGE is located on NEWLANDS ROAD in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of NEW ENGLAND COTTAGE on NEWLANDS ROAD.