OWLGATE, MILL STREET, IDEN GREEN, CRANBROOK, TN17 4HH - £1,100,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

OWLGATE is a very large detached house of 260m². It was last sold for £1,100,000 in February 2021, which was around 42% above the average February 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

OWLGATE Sold Prices

Land registry data shows two sales for OWLGATE 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. One of the two OWLGATE sales was for above the average price, whilst the other was 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 17 FEB	£1,100,000	£776,224	42% above HPI
2018 24 MAY	£410,000	£740,561	45% below HPI

OWLGATE 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 OWLGATE sales from May 2018 and February 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 May 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is OWLGATE?

OWLGATE is 260m² according to the EPC inspection conducted in June 2019. This puts it in the largest 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 OWLGATE lies on this distribution: 97% of detached houses are smaller than OWLGATE, and 3% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

OWLGATE: Plot and Title Map

OWLGATE sits on a plot of roughly 0.557 of an acre, or 2,253m². The below map shows the location of OWLGATE, 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 OWLGATE). 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 OWLGATE?

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