THE OLD STORES, IDEN GREEN ROAD, IDEN GREEN, CRANBROOK, TN17 4HA - £479,950

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 OLD STORES is a small detached house of 131m². It was last sold for £479,950 in July 2021, which was around 39% below the average July 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was A.

THE OLD STORES Sold Prices

Land registry data shows four sales for THE OLD STORES 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. All of the four THE OLD STORES 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
2021 28 JUL	£479,950	£785,144	39% below HPI
2020 28 AUG	£385,000	£733,603	48% below HPI
2015 5 MAR	£390,000	£592,073	34% below HPI
2000 6 JAN	£172,000	£243,406	29% below HPI

THE OLD STORES 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 STORES sales between January 2000 and July 2021 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 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is THE OLD STORES?

THE OLD STORES is 131m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Iden Green, based on EPC data. The below chart shows the distribution of detached houses by size in Iden Green, and where THE OLD STORES lies on this distribution: 38% of detached houses are smaller than THE OLD STORES, and 62% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

THE OLD STORES: Plot and Title Map

THE OLD STORES sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of THE OLD STORES, 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 STORES). 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 STORES?

THE OLD STORES is located on IDEN GREEN ROAD in IDEN GREEN, in the TN17 postcode district. The below map shows the position of THE OLD STORES on IDEN GREEN ROAD.