CHERRY TREE, GHYLL ROAD, HEATHFIELD, TN21 0AG - £291,000

CHERRY TREE is a very small extended detached house of 72m², built sometime between 1900 and 1929. It was last sold for £291,000 in February 2019, which was around 41% below the average February 2019 detached price in the Wealden local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREE Sold Prices

Land registry data shows three sales for CHERRY TREE 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 CHERRY TREE 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
2019 11 FEB	£291,000	£489,364	41% below HPI
2011 16 FEB	£170,000	£343,394	50% below HPI
2000 28 APR	£106,500	£181,547	41% below HPI

CHERRY TREE 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 CHERRY TREE sales between April 2000 and February 2019 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 February 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is CHERRY TREE?

CHERRY TREE is 72m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where CHERRY TREE lies on this distribution: 10% of detached houses are smaller than CHERRY TREE, and 89% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of CHERRY TREE, 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 CHERRY TREE). 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 CHERRY TREE?

CHERRY TREE is located on GHYLL ROAD in HEATHFIELD, in the TN21 postcode district. The below map shows the position of CHERRY TREE on GHYLL ROAD.