CRANE COTTAGE, HIGH STREET, CRANBROOK, TN17 3LQ - £279,000

CRANE COTTAGE is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £279,000 in November 2011, which was around 45% below the average November 2011 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

CRANE COTTAGE Sold Prices

Land registry data shows two sales for CRANE COTTAGE 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 CRANE COTTAGE 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
2011 7 NOV	£279,000	£511,188	45% below HPI
2007 30 MAR	£220,000	£470,727	53% below HPI

CRANE COTTAGE 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 CRANE COTTAGE sales from March 2007 and November 2011 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 March 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2011 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is CRANE COTTAGE?

CRANE COTTAGE is 70m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where CRANE COTTAGE lies on this distribution: 7% of detached houses are smaller than CRANE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

CRANE COTTAGE: Plot and Title Map

CRANE COTTAGE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of CRANE COTTAGE, 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 CRANE COTTAGE). 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 CRANE COTTAGE?

CRANE COTTAGE is located on HIGH STREET in CRANBROOK, in the TN17 postcode district. The below map shows the position of CRANE COTTAGE on HIGH STREET.