OAK COTTAGE, DOROTHY AVENUE, CRANBROOK, TN17 3AN - £249,950

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.

OAK COTTAGE is a very small detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £438,696. It was last sold for £249,950 in November 2010, which was around 49% below the average November 2010 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK COTTAGE 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 OAK 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
2010 25 NOV	£249,950	£489,488	49% below HPI
2006 28 NOV	£315,000	£452,271	30% below HPI
1999 18 JUN	£155,000	£207,927	25% below HPI

OAK 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 three OAK COTTAGE sales between June 1999 and November 2010 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 November 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2010 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £438,696.

This is based on house price inflation of 75.5%, between November 2010 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 75.5% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £249,950 on 25th November 2010. For the value to have increased from £249,950 to £438,696 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The November 2010 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since November 2010.

How Large is OAK COTTAGE?

OAK COTTAGE is 59m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where OAK COTTAGE lies on this distribution: 1% of detached houses houses are smaller than OAK COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

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