TILVEN COTTAGE, THE HILL, CRANBROOK, TN17 3AH - £175,000

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

TILVEN COTTAGE is a very small detached house of 79m², built sometime between 1900 and 1929. It was last sold for £175,000 in January 2007, which was around 62% below the average January 2007 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

TILVEN COTTAGE Sold Prices

Land registry data shows two sales for TILVEN 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 TILVEN COTTAGE 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
2007 19 JAN	£175,000	£462,890	62% below HPI
2000 30 JUN	£122,500	£265,085	54% below HPI

TILVEN 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 TILVEN COTTAGE sales from June 2000 and January 2007 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 June 2000 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2007 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is TILVEN COTTAGE?

TILVEN COTTAGE is 79m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where TILVEN COTTAGE lies on this distribution: 8% of detached houses are smaller than TILVEN COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

TILVEN COTTAGE: Plot and Title Map

TILVEN COTTAGE sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of TILVEN 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 TILVEN 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 TILVEN COTTAGE?

TILVEN COTTAGE is located on THE HILL in CRANBROOK, in the TN17 postcode district. The below map shows the position of TILVEN COTTAGE on THE HILL.