3, WHEATFIELD LEA, CRANBROOK, TN17 3ND - £442,000

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.

3 WHEATFIELD LEA is a small extended semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £446,753. It was last sold for £442,000 in August 2022, which was around 11% below the average August 2022 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 WHEATFIELD LEA Sold Prices

Land registry data shows two sales for 3 WHEATFIELD LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. One of the two 3 WHEATFIELD LEA sales was for below the average price, whilst the other was for above 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 16 AUG	£442,000	£495,144	11% below HPI
2006 9 OCT	£265,000	£258,427	3% above HPI

3 WHEATFIELD LEA 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 two 3 WHEATFIELD LEA sales from October 2006 and August 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 October 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 WHEATFIELD LEA be worth now?

3 WHEATFIELD LEA might now be worth an estimated £446,753.

This is based on house price inflation of 1.1%, between August 2022 and May 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 1.1% inflationary increase is applied to the most recent sale price for 3 WHEATFIELD LEA of £442,000 on 16th August 2022. For the value to have increased from £442,000 to £446,753 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 3 WHEATFIELD LEA has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The August 2022 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATFIELD LEA has not materially changed since August 2022.

How Large is 3 WHEATFIELD LEA?

3 WHEATFIELD LEA is 101m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of semi-detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranbrook, and where 3 WHEATFIELD LEA lies on this distribution: 26% of semi-detached houses houses are smaller than 3 WHEATFIELD LEA, and 73% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

3 WHEATFIELD LEA: Plot and Title Map

3 WHEATFIELD LEA sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 WHEATFIELD LEA, 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 3 WHEATFIELD LEA). 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 3 WHEATFIELD LEA?

3 WHEATFIELD LEA is located in CRANBROOK, in the TN17 postcode district. The below map shows the position of No. 3 on WHEATFIELD LEA.