2, THE LEAS, WADHURST, TN5 6ES - £670,000

2 THE LEAS is a small extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £670,000 in November 2022, which was around 8% above the average November 2022 detached price in the Wealden local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE LEAS Sold Prices

Land registry data shows three sales for 2 THE LEAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 2 THE LEAS 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 30 NOV	£670,000	£619,663	8% above HPI
2004 30 JAN	£320,000	£290,606	10% above HPI
1995 28 APR	£137,500	£110,114	25% above HPI

2 THE LEAS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 2 THE LEAS sales between April 1995 and November 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 January 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 THE LEAS?

2 THE LEAS is 129m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where 2 THE LEAS lies on this distribution: 29% of detached houses are smaller than 2 THE LEAS, and 70% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

2 THE LEAS: Plot and Title Map

2 THE LEAS sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 2 THE LEAS, 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 2 THE LEAS). 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 2 THE LEAS?

2 THE LEAS is located in WADHURST, in the TN5 postcode district. The below map shows the position of No. 2 on THE LEAS.