THE HOLLOW, OAKFIELD, HAWKHURST, CRANBROOK, TN18 4JR - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE HOLLOW is a midsized extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £430,000 in November 2013, which was around 22% below the average November 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

THE HOLLOW Sold Prices

Land registry data shows two sales for THE HOLLOW 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 HOLLOW 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
2013 29 NOV	£430,000	£549,006	22% below HPI
2006 13 APR	£387,125	£429,326	10% below HPI

THE HOLLOW 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 HOLLOW sales from April 2006 and November 2013 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE HOLLOW?

THE HOLLOW is 123m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% 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 HOLLOW lies on this distribution: 41% of detached houses are smaller than THE HOLLOW, and 59% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

THE HOLLOW: Plot and Title Map

THE HOLLOW sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of THE HOLLOW, 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 HOLLOW). 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 HOLLOW?

THE HOLLOW is located on OAKFIELD in HAWKHURST, in the TN18 postcode district. The below map shows the position of THE HOLLOW on OAKFIELD.