THE CLEARING COTTAGE, HIGH STREET, HAWKHURST, CRANBROOK, TN18 4AQ - £125,000

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

THE CLEARING COTTAGE is a very small detached house of 60m², built sometime between 1900 and 1929. It was last sold for £125,000 in July 2014, which was around 78% below the average July 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was A.

THE CLEARING COTTAGE Sold Prices

Land registry data shows two sales for THE CLEARING COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two THE CLEARING COTTAGE 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
2014 11 JUL	£125,000	£571,904	78% below HPI
2002 13 MAR	£86,000	£320,710	73% below HPI

THE CLEARING 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 two THE CLEARING COTTAGE sales from March 2002 and July 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 March 2002 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the July 2014 sale, where it falls to 78% below the HPI. The line then continues to track at 78% below the HPI.

How Large is THE CLEARING COTTAGE?

THE CLEARING COTTAGE is 60m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkhurst, and where THE CLEARING COTTAGE lies on this distribution: 2% of detached houses are smaller than THE CLEARING COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

THE CLEARING COTTAGE: Plot and Title Map

THE CLEARING COTTAGE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of THE CLEARING 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 THE CLEARING 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 THE CLEARING COTTAGE?

THE CLEARING COTTAGE is located on HIGH STREET in HAWKHURST, in the TN18 postcode district. The below map shows the position of THE CLEARING COTTAGE on HIGH STREET.