1, MERCERS, HAWKHURST, CRANBROOK, TN18 4LH - £575,000

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.

1 MERCERS is a midsized semi-detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £562,297. It was last sold for £575,000 in December 2022, which was around 13% above the average December 2022 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

1 MERCERS Sold Prices

Land registry data shows three sales for 1 MERCERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. Two of the three 1 MERCERS sales were for above the average price, whilst one was 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
2022 12 DEC	£575,000	£508,612	13% above HPI
2021 16 AUG	£445,000	£450,500	1% below HPI
2006 17 NOV	£315,000	£257,764	22% above HPI

1 MERCERS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 1 MERCERS sales between November 2006 and December 2022 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 2021 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 MERCERS be worth now?

1 MERCERS might now be worth an estimated £562,297.

This is based on house price deflation of 2.2%, between December 2022 and March 2026, for semi-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 2.2% deflationary decrease is applied to the most recent sale price for 1 MERCERS of £575,000 on 12th December 2022. For the value to have decreased from £575,000 to £562,297 over the four years and nine months to March 2026, the following assumptions must hold true:

• The value of 1 MERCERS has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The December 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERCERS has not materially changed since December 2022.

How Large is 1 MERCERS?

1 MERCERS is 135m² according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of semi-detached houses houses in Hawkhurst, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hawkhurst, and where 1 MERCERS lies on this distribution: 52% of semi-detached houses houses are smaller than 1 MERCERS, and 48% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

1 MERCERS: Plot and Title Map

1 MERCERS sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 1 MERCERS, 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 1 MERCERS). 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 1 MERCERS?

1 MERCERS is located in HAWKHURST, in the TN18 postcode district. The below map shows the position of No. 1 on MERCERS.