Cherry Tree Cottage Florance Lane

    CHERRY TREE COTTAGE, FLORANCE LANE, GROOMBRIDGE, TUNBRIDGE WELLS, TN3 9SH

    This detached freehold property on Florance Lane last sold in December 2018 for £780,000. Based on price growth in the TN3 district since then, its estimated current value is £961,699 — placing it in the 95th percentile nationally and the 71st percentile within TN3. The property covers 146 m² (1,572 sq ft), giving an estimated value of £6,587 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £780,000

    Dec 2018

    Estimated Valuation

    £961,699

    Est. £/sq ft

    £612/sq ft

    £6,587/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,572 sq ft (146 m²)
    EPC dateSept 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 2018

    £780,000

    14 Dec 2012

    £480,000

    16 Sept 2005

    £475,000

    Key Metrics

    Estimated valuation£961,699
    Value per sq ft / m²£612/sq ft (£6,587/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TN3 district percentile71st percentile
    National percentile95th percentile

    District Context — TN3

    TN3 covers Tunbridge Wells and surrounding villages in the High Weald area of Kent, positioned between the Medway Valley and the Sussex border. It is a prosperous, well-established residential district with strong period properties and established community infrastructure.

    Average Property Price - TN3

    £770,573

    95

    National percentile

    Average Net Household Income - TN3

    £52,036

    92

    National percentile

    10-Year Annualised Price Growth - TN3

    2.8%

    22

    National percentile

    10-Year Annualised Rent Growth - TN

    4.2%

    69

    National percentile

    View full analysis for TN3

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