SUMMERFOLD, ANGLEY ROAD, CRANBROOK, TN17 2PL - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SUMMERFOLD is a large extended detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £737,080. It was last sold for £650,000 in December 2020, which was around 14% 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.

SUMMERFOLD Sold Prices

Land registry data shows three sales for SUMMERFOLD 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. Two of the three SUMMERFOLD sales were for below the average price, whilst one was for above 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	£757,620	14% below HPI
2006 21 APR	£430,000	£419,450	3% above HPI
2002 8 APR	£270,000	£312,919	14% below HPI

SUMMERFOLD 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 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 was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might SUMMERFOLD be worth now?

SUMMERFOLD might now be worth an estimated £737,080.

This is based on house price inflation of 13.4%, between December 2020 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for SUMMERFOLD of £650,000 on 10th December 2020. For the value to have increased from £650,000 to £737,080 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of SUMMERFOLD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The December 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMERFOLD has not materially changed since December 2020.

How Large is SUMMERFOLD?

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 houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where SUMMERFOLD lies on this distribution: 60% of detached houses houses are smaller than SUMMERFOLD, and 39% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

SUMMERFOLD: Plot and Title Map

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.

Where is SUMMERFOLD?

SUMMERFOLD is located on ANGLEY ROAD in CRANBROOK, in the TN17 postcode district. The below map shows the position of SUMMERFOLD on ANGLEY ROAD.