ROSE BANK, WATERLOO ROAD, CRANBROOK, TN17 3JJ - £382,500

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

ROSE BANK is a midsized extended semi-detached house of 123m², built sometime between 1930 and 1949. It was last sold for £382,500 in March 2012, which was around 25% below the average March 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

ROSE BANK Sold Prices

Land registry data shows three sales for ROSE BANK 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. All of the three ROSE BANK 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
2012 23 MAR	£382,500	£506,655	25% below HPI
2000 26 MAY	£190,000	£260,770	27% below HPI
1998 20 FEB	£150,000	£188,027	20% below HPI

ROSE BANK 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 ROSE BANK sales between February 1998 and March 2012 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 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is ROSE BANK?

ROSE BANK is 123m², which includes three extensions, according to the EPC inspection conducted in January 2012. 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 ROSE BANK lies on this distribution: 45% of detached houses are smaller than ROSE BANK, and 55% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

ROSE BANK: Plot and Title Map

ROSE BANK sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of ROSE BANK, 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 ROSE BANK). 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 ROSE BANK?

ROSE BANK is located on WATERLOO ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of ROSE BANK on WATERLOO ROAD.