WEAVERS COTTAGE, MILL STREET, IDEN GREEN, CRANBROOK, TN17 4HH - £300,000

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

WEAVERS COTTAGE is a very small extended detached house of 99m², built sometime before 1900. It was last sold for £300,000 in March 2020, which was around 59% below the average March 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2009, where the current energy rating was F, and the potential energy rating was E.

WEAVERS COTTAGE Sold Prices

Land registry data shows four sales for WEAVERS COTTAGE 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 WEAVERS 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
2020 24 MAR	£300,000	£723,972	59% below HPI
2009 7 SEP	£325,000	£460,462	29% below HPI
2006 20 MAR	£275,000	£425,739	35% below HPI
1996 5 JUN	£92,000	£145,252	37% below HPI

WEAVERS 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 four WEAVERS COTTAGE sales between June 1996 and March 2020 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 September 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2020 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is WEAVERS COTTAGE?

WEAVERS COTTAGE is 99m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% 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 WEAVERS COTTAGE lies on this distribution: 17% of detached houses are smaller than WEAVERS COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

WEAVERS COTTAGE: Plot and Title Map

WEAVERS COTTAGE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of WEAVERS 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 WEAVERS 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 WEAVERS COTTAGE?

WEAVERS COTTAGE is located on MILL STREET in IDEN GREEN, in the TN17 postcode district. The below map shows the position of WEAVERS COTTAGE on MILL STREET.