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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OLD GRANARY is a midsized extended detached house of 163m², built sometime before 1900, which could now be worth an estimated £667,624. It was last sold for £565,000 in November 2018, which was around 22% 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	£727,058	22% below HPI
2015 28 JUL	£600,000	£632,809	5% below HPI
2004 20 MAY	£426,000	£400,891	6% above HPI
2002 26 JUL	£285,000	£328,336	13% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might THE OLD GRANARY be worth now?

THE OLD GRANARY might now be worth an estimated £667,624.

This is based on house price inflation of 18.2%, between November 2018 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for THE OLD GRANARY of £565,000 on 29th November 2018. For the value to have increased from £565,000 to £667,624 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of THE OLD GRANARY has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The November 2018 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD GRANARY has not materially changed since November 2018.

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 houses in Groombridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groombridge, and where THE OLD GRANARY lies on this distribution: 54% of detached houses 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.