BANKSIDE, STANDEN STREET, IDEN GREEN, CRANBROOK, TN17 4HP - £465,000

BANKSIDE is a small extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £465,000 in October 2022, which was around 49% below the average October 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was D.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE 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 BANKSIDE 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 20 OCT	£465,000	£910,340	49% below HPI
1996 19 JAN	£72,000	£143,593	50% below HPI

BANKSIDE 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 BANKSIDE sales from January 1996 and October 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 January 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 123m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Iden Green, based on EPC data. The below chart shows the distribution of detached houses by size in Iden Green, and where BANKSIDE lies on this distribution: 31% of detached houses are smaller than BANKSIDE, and 69% of houses are larger. Note that EPC data is not available for all properties in Iden Green.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on STANDEN STREET in IDEN GREEN, in the TN17 postcode district. The below map shows the position of BANKSIDE on STANDEN STREET.