FARTHING COTTAGE, LAMBERHURST DOWN, LAMBERHURST, TUNBRIDGE WELLS, TN3 8HD - £1,100,000

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.

FARTHING COTTAGE is a very large extended detached house of 241m², built sometime between 1930 and 1949, which could now be worth an estimated £1,326,084. It was last sold for £1,100,000 in February 2020, which was around 54% above the average February 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was D.

FARTHING COTTAGE Sold Prices

Land registry data shows three sales for FARTHING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three FARTHING COTTAGE sales were 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
2020 4 FEB	£1,100,000	£715,991	54% above HPI
2002 29 JAN	£410,000	£308,466	33% above HPI
1998 31 JUL	£297,000	£195,248	52% above HPI

FARTHING 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 three FARTHING COTTAGE sales between July 1998 and February 2020 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 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might FARTHING COTTAGE be worth now?

FARTHING COTTAGE might now be worth an estimated £1,326,084.

This is based on house price inflation of 20.6%, between February 2020 and October 2025, for 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 20.6% inflationary increase is applied to the most recent sale price for FARTHING COTTAGE of £1,100,000 on 4th February 2020. For the value to have increased from £1,100,000 to £1,326,084 over the four years and four months to October 2025, the following assumptions must hold true:

• The value of FARTHING COTTAGE has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The February 2020 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of FARTHING COTTAGE has not materially changed since February 2020.

How Large is FARTHING COTTAGE?

FARTHING COTTAGE is 241m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Lamberhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lamberhurst, and where FARTHING COTTAGE lies on this distribution: 88% of detached houses houses are smaller than FARTHING COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lamberhurst.

FARTHING COTTAGE: Plot and Title Map

FARTHING COTTAGE sits on a plot of roughly 0.352 of an acre, or 1,425m². The below map shows the location of FARTHING 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 FARTHING 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 FARTHING COTTAGE?

FARTHING COTTAGE is located on LAMBERHURST DOWN in LAMBERHURST, in the TN3 postcode district. The below map shows the position of FARTHING COTTAGE on LAMBERHURST DOWN.