2, OAK COTTAGES, LAMBERHURST ROAD, HORSMONDEN, TONBRIDGE, TN12 8LP - £600,000

2 OAK COTTAGES is a midsized detached house of 128m², built sometime between 1983 and 1990. It was last sold for £600,000 in July 2023, which was around 31% below the average July 2023 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 OAK COTTAGES Sold Prices

Land registry data shows two sales for 2 OAK COTTAGES 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 2 OAK COTTAGES 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
2023 21 JUL	£600,000	£872,346	31% below HPI
1997 20 MAY	£145,500	£154,389	6% below HPI

2 OAK COTTAGES 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 2 OAK COTTAGES sales from May 1997 and July 2023 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 May 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 OAK COTTAGES?

2 OAK COTTAGES is 128m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Horsmonden, based on EPC data. The below chart shows the distribution of detached houses by size in Horsmonden, and where 2 OAK COTTAGES lies on this distribution: 44% of detached houses are smaller than 2 OAK COTTAGES, and 56% of houses are larger. Note that EPC data is not available for all properties in Horsmonden.

2 OAK COTTAGES: Plot and Title Map

2 OAK COTTAGES sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 2 OAK COTTAGES, 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 2 OAK COTTAGES). 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 2 OAK COTTAGES?

2 OAK COTTAGES is located on LAMBERHURST ROAD in HORSMONDEN, in the TN12 postcode district. The below map shows the position of 2 OAK COTTAGES on LAMBERHURST ROAD.