15, NORMAN RISE, CRANBROOK, TN17 3BY - £292,500

15 NORMAN RISE is a small detached house of 114m², built sometime between 1983 and 1990. It was last sold for £292,500 in December 2013, which was around 48% below the average December 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 NORMAN RISE Sold Prices

Land registry data shows three sales for 15 NORMAN RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 15 NORMAN RISE 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
2013 16 DEC	£292,500	£557,703	48% below HPI
2011 27 APR	£262,500	£521,693	50% below HPI
1997 6 JUN	£94,950	£160,893	41% below HPI

15 NORMAN RISE 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 three 15 NORMAN RISE sales between June 1997 and December 2013 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 April 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2013 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 15 NORMAN RISE?

15 NORMAN RISE is 114m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 15 NORMAN RISE lies on this distribution: 37% of detached houses are smaller than 15 NORMAN RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

15 NORMAN RISE: Plot and Title Map

15 NORMAN RISE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 15 NORMAN RISE, 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 15 NORMAN RISE). 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 15 NORMAN RISE?

15 NORMAN RISE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 15 on NORMAN RISE.