LEES COTTAGE, THE GREEN, MATFIELD, TONBRIDGE, TN12 7JU - £2,000,000

LEES COTTAGE is a very large extended detached house of 300m², built sometime between 1950 and 1966. It was last sold for £2,000,000 in March 2022, which was around 139% above the average March 2022 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was E.

LEES COTTAGE Sold Prices

Land registry data shows four sales for LEES COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the four LEES 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
2022 14 MAR	£2,000,000	£837,937	139% above HPI
2018 31 OCT	£1,625,000	£750,334	117% above HPI
2010 12 AUG	£1,615,000	£514,562	214% above HPI
1998 28 AUG	£455,000	£202,490	125% above HPI

LEES 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 four LEES COTTAGE sales between August 1998 and March 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 2018 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the March 2022 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is LEES COTTAGE?

LEES COTTAGE is 300m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses by size in Matfield, and where LEES COTTAGE lies on this distribution: 95% of detached houses are smaller than LEES COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Matfield.

LEES COTTAGE: Plot and Title Map

LEES COTTAGE sits on a plot of roughly 1.3 acres, or 5,156m². The below map shows the location of LEES 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 LEES 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 LEES COTTAGE?

LEES COTTAGE is located on THE GREEN in MATFIELD, in the TN12 postcode district. The below map shows the position of LEES COTTAGE on THE GREEN.