SWISS COTTAGE, DERWENT DRIVE, TUNBRIDGE WELLS, TN4 9TB - £1,600,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

SWISS COTTAGE is a very large extended detached house of 294m², built sometime before 1900. It was last sold for £1,600,000 in August 2022, which was around 81% above the average August 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

SWISS COTTAGE Sold Prices

Land registry data shows three sales for SWISS COTTAGE 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 SWISS COTTAGE sales were 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
2022 11 AUG	£1,600,000	£885,979	81% above HPI
2012 4 SEP	£1,325,000	£525,070	152% above HPI
1996 25 OCT	£320,000	£150,890	112% above HPI

SWISS 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 three SWISS COTTAGE sales between October 1996 and August 2022 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 September 2012 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the August 2022 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is SWISS COTTAGE?

SWISS COTTAGE is 294m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where SWISS COTTAGE lies on this distribution: 92% of detached houses are smaller than SWISS COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

SWISS COTTAGE: Plot and Title Map

SWISS COTTAGE sits on a plot of roughly 1.2 acres, or 4,870m². The below map shows the location of SWISS 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 SWISS 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 SWISS COTTAGE?

SWISS COTTAGE is located on DERWENT DRIVE in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of SWISS COTTAGE on DERWENT DRIVE.