16, NORMAN RISE, CRANBROOK, TN17 3BY - £129,995

16 NORMAN RISE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £129,995 in December 2001, which was around 58% below the average December 2001 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

16 NORMAN RISE Sold Prices

Land registry data shows two sales for 16 NORMAN RISE 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 16 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
2001 13 DEC	£129,995	£311,137	58% below HPI
1996 29 NOV	£74,000	£148,313	50% below HPI

16 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 two 16 NORMAN RISE sales from November 1996 and December 2001 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 November 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2001 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 16 NORMAN RISE?

16 NORMAN RISE is 88m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 16 NORMAN RISE lies on this distribution: 17% of detached houses are smaller than 16 NORMAN RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

16 NORMAN RISE: Plot and Title Map

16 NORMAN RISE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 16 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 16 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 16 NORMAN RISE?

16 NORMAN RISE is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 16 on NORMAN RISE.