HOMESTEAD, COCKMOUNT LANE, WADHURST, TN5 6UG - £280,000

HOMESTEAD is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £280,000 in November 2007, which was around 25% below the average November 2007 detached price in the Wealden local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

HOMESTEAD Sold Prices

Land registry data shows two sales for HOMESTEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two HOMESTEAD 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
2007 30 NOV	£280,000	£370,977	25% below HPI
2001 20 APR	£189,000	£204,421	8% below HPI

HOMESTEAD 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 two HOMESTEAD sales from April 2001 and November 2007 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 April 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 73m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where HOMESTEAD lies on this distribution: 2% of detached houses are smaller than HOMESTEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on COCKMOUNT LANE in WADHURST, in the TN5 postcode district. The below map shows the position of HOMESTEAD on COCKMOUNT LANE.