IONA, ACRES RISE, TICEHURST, WADHURST, TN5 7DD - £230,000

IONA is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £230,000 in February 2014, which was around 30% below the average February 2014 detached price in the Rother local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

IONA Sold Prices

Land registry data shows four sales for IONA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four IONA 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
2014 7 FEB	£230,000	£327,540	30% below HPI
2009 22 MAY	£220,000	£266,592	17% below HPI
2006 18 DEC	£235,000	£306,226	23% below HPI
2003 20 MAY	£195,000	£246,572	21% below HPI

IONA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four IONA sales between May 2003 and February 2014 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 May 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is IONA?

IONA is 75m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Ticehurst, based on EPC data. The below chart shows the distribution of detached houses by size in Ticehurst, and where IONA lies on this distribution: 9% of detached houses are smaller than IONA, and 91% of houses are larger. Note that EPC data is not available for all properties in Ticehurst.

IONA: Plot and Title Map

IONA sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of IONA, 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 IONA). 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 IONA?

IONA is located on ACRES RISE in TICEHURST, in the TN5 postcode district. The below map shows the position of IONA on ACRES RISE.