ORCHARD LODGE, DOROTHY AVENUE, CRANBROOK, TN17 3AY - £585,000

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

ORCHARD LODGE is a large extended detached house of 163m², built sometime between 1991 and 1995. It was last sold for £585,000 in January 2021, which was around 25% below the average January 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

ORCHARD LODGE Sold Prices

Land registry data shows four sales for ORCHARD LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four ORCHARD LODGE 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
2021 5 JAN	£585,000	£775,703	25% below HPI
2013 5 JUL	£420,000	£540,612	22% below HPI
1998 8 JUL	£171,475	£199,845	14% below HPI
1997 30 MAY	£139,500	£154,389	10% below HPI

ORCHARD LODGE 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 four ORCHARD LODGE sales between May 1997 and January 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 July 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is ORCHARD LODGE?

ORCHARD LODGE is 163m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where ORCHARD LODGE lies on this distribution: 78% of detached houses are smaller than ORCHARD LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

ORCHARD LODGE: Plot and Title Map

ORCHARD LODGE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of ORCHARD LODGE, 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 ORCHARD LODGE). 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 ORCHARD LODGE?

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