OBSERVATORY COTTAGE, CHURCH ROAD, CROWBOROUGH, TN6 1BN - £675,000

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

OBSERVATORY COTTAGE is a large detached house of 149m², built sometime between 1900 and 1929. It was last sold for £675,000 in March 2021, which was around 30% above the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

OBSERVATORY COTTAGE Sold Prices

Land registry data shows two sales for OBSERVATORY 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 OBSERVATORY 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
2021 12 MAR	£675,000	£520,343	30% above HPI
1996 19 DEC	£175,000	£114,288	53% above HPI

OBSERVATORY 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 OBSERVATORY COTTAGE sales from December 1996 and March 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 December 1996 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is OBSERVATORY COTTAGE?

OBSERVATORY COTTAGE is 149m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where OBSERVATORY COTTAGE lies on this distribution: 64% of detached houses are smaller than OBSERVATORY COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

OBSERVATORY COTTAGE: Plot and Title Map

OBSERVATORY COTTAGE sits on a plot of roughly 0.433 of an acre, or 1,752m². The below map shows the location of OBSERVATORY 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 OBSERVATORY 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 OBSERVATORY COTTAGE?

OBSERVATORY COTTAGE is located on CHURCH ROAD in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of OBSERVATORY COTTAGE on CHURCH ROAD.