11, PAYNE CLOSE, CROWBOROUGH, TN6 2FH - £525,000

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

11 PAYNE CLOSE is a small detached house of 113m², built sometime between 2007 and 2011. It was last sold for £525,000 in October 2022, which was around 16% below the average October 2022 detached price in the Wealden local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

11 PAYNE CLOSE Sold Prices

Land registry data shows four sales for 11 PAYNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 11 PAYNE CLOSE 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
2022 19 OCT	£525,000	£622,554	16% below HPI
2017 26 MAY	£408,000	£472,390	14% below HPI
2016 1 NOV	£379,950	£467,365	19% below HPI
2010 22 DEC	£296,000	£355,994	17% below HPI

11 PAYNE CLOSE 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 four 11 PAYNE CLOSE sales between December 2010 and October 2022 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 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 11 PAYNE CLOSE?

11 PAYNE CLOSE is 113m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 11 PAYNE CLOSE lies on this distribution: 34% of detached houses are smaller than 11 PAYNE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

11 PAYNE CLOSE: Plot and Title Map

11 PAYNE CLOSE sits on a plot of roughly 1.3 acres, or 5,152m². The below map shows the location of 11 PAYNE CLOSE, 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 11 PAYNE CLOSE). 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 11 PAYNE CLOSE?

11 PAYNE CLOSE is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 11 on PAYNE CLOSE.