THE COTTAGE, SPELDHURST HILL, SPELDHURST, TUNBRIDGE WELLS, TN3 0NL - £910,000

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 COTTAGE is a midsized detached house of 160m², built sometime before 1900. It was last sold for £910,000 in February 2022, which was around 9% above the average February 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 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 1 FEB	£910,000	£836,912	9% above HPI
2012 29 AUG	£650,000	£526,990	23% above HPI

THE 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 COTTAGE sales from August 2012 and February 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 August 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 160m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses in Speldhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Speldhurst, and where THE COTTAGE lies on this distribution: 45% of detached houses are smaller than THE COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Speldhurst.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of THE 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 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 COTTAGE?

THE COTTAGE is located on SPELDHURST HILL in SPELDHURST, in the TN3 postcode district. The below map shows the position of THE COTTAGE on SPELDHURST HILL.