2, WHEATFIELD WAY, CRANBROOK, TN17 3LS - £590,000

2 WHEATFIELD WAY is a large extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £590,000 in May 2022, which was around 30% below the average May 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2 WHEATFIELD WAY Sold Prices

Land registry data shows two sales for 2 WHEATFIELD WAY 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 WHEATFIELD WAY 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
2022 11 MAY	£590,000	£837,424	30% below HPI
2019 4 SEP	£465,000	£745,645	38% below HPI

2 WHEATFIELD WAY 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 WHEATFIELD WAY sales from September 2019 and May 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 September 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 WHEATFIELD WAY?

2 WHEATFIELD WAY is 148m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 2 WHEATFIELD WAY lies on this distribution: 69% of detached houses are smaller than 2 WHEATFIELD WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

2 WHEATFIELD WAY: Plot and Title Map

2 WHEATFIELD WAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 2 WHEATFIELD WAY, 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 WHEATFIELD WAY). 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 WHEATFIELD WAY?

2 WHEATFIELD WAY is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 2 on WHEATFIELD WAY.