PEAR COTTAGE, CLANCY GARDENS, CRANBROOK, TN17 2AL - £350,000

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

PEAR COTTAGE is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £350,000 in May 2013, which was around 35% below the average May 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

PEAR COTTAGE Sold Prices

Land registry data shows two sales for PEAR 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 PEAR 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
2013 30 MAY	£350,000	£535,612	35% below HPI
2001 31 AUG	£200,000	£307,086	35% below HPI

PEAR 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 PEAR COTTAGE sales from August 2001 and May 2013 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 August 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2013 sale, which was also at 35% below the HPI.

How Large is PEAR COTTAGE?

PEAR COTTAGE is 121m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where PEAR COTTAGE lies on this distribution: 44% of detached houses are smaller than PEAR COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

PEAR COTTAGE: Plot and Title Map

PEAR COTTAGE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of PEAR 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 PEAR 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 PEAR COTTAGE?

PEAR COTTAGE is located on CLANCY GARDENS in CRANBROOK, in the TN17 postcode district. The below map shows the position of PEAR COTTAGE on CLANCY GARDENS.