1, MILL RISE, MUTTON HALL HILL, HEATHFIELD, TN21 8NN - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILL RISE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £320,000 in January 2020, which was around 34% below the average January 2020 detached price in the Wealden local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

1 MILL RISE Sold Prices

Land registry data shows three sales for 1 MILL RISE 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 1 MILL RISE 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
2020 31 JAN	£320,000	£484,849	34% below HPI
2016 15 SEP	£270,000	£471,437	43% below HPI
2001 13 NOV	£127,500	£211,504	40% below HPI

1 MILL RISE 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 1 MILL RISE sales between November 2001 and January 2020 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 September 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 MILL RISE?

1 MILL RISE is 77m² according to the EPC inspection conducted in August 2015. 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 1 MILL RISE lies on this distribution: 16% of detached houses are smaller than 1 MILL RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

1 MILL RISE: Plot and Title Map

1 MILL RISE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 1 MILL RISE, 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 MILL RISE). 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 1 MILL RISE?

1 MILL RISE is located on MUTTON HALL HILL in HEATHFIELD, in the TN21 postcode district. The below map shows the position of 1 MILL RISE on MUTTON HALL HILL.