THE OLD GRANARY, GROOMBRIDGE HILL, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9QE - £565,000

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 OLD GRANARY is a midsized extended detached house of 163m², built sometime before 1900. It was last sold for £565,000 in November 2018, which was around 24% below the average November 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

THE OLD GRANARY Sold Prices

Land registry data shows four sales for THE OLD GRANARY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Most of the four THE OLD GRANARY 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
2018 29 NOV	£565,000	£744,177	24% below HPI
2015 28 JUL	£600,000	£647,709	7% below HPI
2004 20 MAY	£426,000	£410,330	4% above HPI
2002 26 JUL	£285,000	£336,067	15% below HPI

THE OLD GRANARY 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 four THE OLD GRANARY sales between July 2002 and November 2018 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 July 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE OLD GRANARY?

THE OLD GRANARY is 163m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses by size in Groombridge, and where THE OLD GRANARY lies on this distribution: 54% of detached houses are smaller than THE OLD GRANARY, and 46% of houses are larger. Note that EPC data is not available for all properties in Groombridge.

THE OLD GRANARY: Plot and Title Map

THE OLD GRANARY sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of THE OLD GRANARY, 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 OLD GRANARY). 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 OLD GRANARY?

THE OLD GRANARY is located on GROOMBRIDGE HILL in GROOMBRIDGE, in the TN3 postcode district. The below map shows the position of THE OLD GRANARY on GROOMBRIDGE HILL.