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
SUMMERFOLD is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £650,000 in December 2020, which was around 16% below the average December 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for SUMMERFOLD since 1st 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 SUMMERFOLD sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2020 10 DEC | £650,000 | £775,459 | 16% below HPI |
2006 21 APR | £430,000 | £429,326 | Close to HPI |
2002 8 APR | £270,000 | £320,287 | 16% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three SUMMERFOLD sales between April 2002 and December 2020 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 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
SUMMERFOLD is 140m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where SUMMERFOLD lies on this distribution: 61% of detached houses are smaller than SUMMERFOLD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.
SUMMERFOLD sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of SUMMERFOLD, 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 SUMMERFOLD). 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.
SUMMERFOLD is located on ANGLEY ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of SUMMERFOLD on ANGLEY ROAD.