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 THE OLD POST OFFICE is a very small extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £561,000 in August 2023, which was around 6% below the average August 2023 detached price in the Wealden local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 1 THE OLD POST OFFICE 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 THE OLD POST OFFICE sales was for below the average price, whilst two were for above 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 |
---|---|---|---|
2023 18 AUG | £561,000 | £597,739 | 6% below HPI |
2004 23 JUL | £360,000 | £302,706 | 19% above HPI |
1996 19 SEP | £160,000 | £113,219 | 41% above 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 THE OLD POST OFFICE sales between September 1996 and August 2023 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 July 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 THE OLD POST OFFICE is 115m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Fairwarp, based on EPC data. The below chart shows the distribution of detached houses by size in Fairwarp, and where 1 THE OLD POST OFFICE lies on this distribution: 15% of detached houses are smaller than 1 THE OLD POST OFFICE, and 85% of houses are larger. Note that EPC data is not available for all properties in Fairwarp.
1 THE OLD POST OFFICE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 THE OLD POST OFFICE, 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 THE OLD POST OFFICE). 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 THE OLD POST OFFICE is located in FAIRWARP, in the TN22 postcode district. The below map shows the position of 1 THE OLD POST OFFICE in FAIRWARP.