RIDGE HOUSE, HIGH STREET, HAWKHURST, CRANBROOK, TN18 4QA - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIDGE HOUSE is a very large extended detached house of 179m², built sometime before 1900. It was last sold for £595,000 in February 2014, which was around 8% above the average February 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

RIDGE HOUSE Sold Prices

Land registry data shows three sales for RIDGE HOUSE 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. The three RIDGE HOUSE sales were a mix of above the average price, roughly equal to the average price, and 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
2014 27 FEB	£595,000	£552,072	8% above HPI
2004 8 APR	£405,000	£403,009	Close to HPI
1997 13 AUG	£167,000	£173,424	4% below HPI

RIDGE HOUSE 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 RIDGE HOUSE sales between August 1997 and February 2014 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 179m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where RIDGE HOUSE lies on this distribution: 80% of detached houses are smaller than RIDGE HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.574 of an acre, or 2,324m². The below map shows the location of RIDGE HOUSE, 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 RIDGE HOUSE). 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 RIDGE HOUSE?

RIDGE HOUSE is located on HIGH STREET in HAWKHURST, in the TN18 postcode district. The below map shows the position of RIDGE HOUSE on HIGH STREET.