LINNETS, THE HILL, CRANBROOK, TN17 3AJ - £650,000

LINNETS is a very large detached house of 175m², built sometime from 2007 onwards. It was last sold for £650,000 in November 2013, which was around 18% above the average November 2013 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

LINNETS Sold Prices

Land registry data shows two sales for LINNETS 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. One of the two LINNETS sales was for above the average price, whilst the other was 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
2013 7 NOV	£650,000	£549,006	18% above HPI
2010 18 JUN	£295,000	£496,821	41% below HPI

LINNETS 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 LINNETS sales from June 2010 and November 2013 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 June 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is LINNETS?

LINNETS is 175m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where LINNETS lies on this distribution: 83% of detached houses are smaller than LINNETS, and 17% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

LINNETS: Plot and Title Map

LINNETS sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of LINNETS, 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 LINNETS). 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 LINNETS?

LINNETS is located on THE HILL in CRANBROOK, in the TN17 postcode district. The below map shows the position of LINNETS on THE HILL.