Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 FAIRVIEW COTTAGES is a very small extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £340,000 in July 2006, which was around 3% above the average July 2006 detached price in the Wealden local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 FAIRVIEW COTTAGES since 1st 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. One of the three 1 FAIRVIEW COTTAGES sales was for above the average price, whilst two 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 |
---|---|---|---|
2006 18 JUL | £340,000 | £330,504 | 3% above HPI |
2002 4 NOV | £250,000 | £270,805 | 8% below HPI |
2001 9 NOV | £165,000 | £211,504 | 22% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 1 FAIRVIEW COTTAGES sales between November 2001 and July 2006 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 November 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2006 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
1 FAIRVIEW COTTAGES is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mayfield, and where 1 FAIRVIEW COTTAGES lies on this distribution: 12% of detached houses are smaller than 1 FAIRVIEW COTTAGES, and 88% of houses are larger. Note that EPC data is not available for all properties in Mayfield.
1 FAIRVIEW COTTAGES sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 1 FAIRVIEW COTTAGES, 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 1 FAIRVIEW COTTAGES). 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.
1 FAIRVIEW COTTAGES is located in MAYFIELD, in the TN20 postcode district. The below map shows the position of No. 1 on FAIRVIEW COTTAGES.