NORCOT, CRANBROOK ROAD, HAWKHURST, CRANBROOK, TN18 4BA - £160,000

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.

NORCOT is a very small detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £318,072. It was last sold for £160,000 in June 2009, which was around 63% below the average June 2009 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

NORCOT Sold Prices

Land registry data shows two sales for NORCOT 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 NORCOT 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
2009 1 JUN	£160,000	£429,857	63% below HPI
2003 20 JAN	£139,000	£366,978	62% below HPI

NORCOT 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 NORCOT sales from January 2003 and June 2009 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 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2009 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might NORCOT be worth now?

NORCOT might now be worth an estimated £318,072.

This is based on house price inflation of 98.8%, between June 2009 and April 2026, 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 98.8% inflationary increase is applied to the most recent sale price for NORCOT of £160,000 on 1st June 2009. For the value to have increased from £160,000 to £318,072 over the seventeen years and two months to April 2026, the following assumptions must hold true:

• The value of NORCOT has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The June 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of NORCOT has not materially changed since June 2009.

How Large is NORCOT?

NORCOT is 72m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses houses in Hawkhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkhurst, and where NORCOT lies on this distribution: 6% of detached houses houses are smaller than NORCOT, and 94% of houses are larger. Note that EPC data is not available for all properties in Hawkhurst.

NORCOT: Plot and Title Map

NORCOT sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of NORCOT, 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 NORCOT). 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 NORCOT?

NORCOT is located on CRANBROOK ROAD in HAWKHURST, in the TN18 postcode district. The below map shows the position of NORCOT on CRANBROOK ROAD.