12, ELM WAY, HEATHFIELD, TN21 8YH - £340,000

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

12 ELM WAY is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £340,000 in November 2019, which was around 32% below the average November 2019 detached price in the Wealden local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

12 ELM WAY Sold Prices

Land registry data shows six sales for 12 ELM WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the six 12 ELM WAY 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
2019 20 NOV	£340,000	£501,211	32% below HPI
2015 10 JUN	£281,000	£406,948	31% below HPI
2007 22 MAR	£242,500	£347,216	30% below HPI
2004 1 OCT	£215,000	£314,244	32% below HPI
1999 12 FEB	£102,500	£146,867	30% below HPI
1996 29 NOV	£74,000	£113,080	35% below HPI

12 ELM WAY 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 six 12 ELM WAY sales between November 1996 and November 2019 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 June 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 ELM WAY?

12 ELM WAY is 85m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 12 ELM WAY lies on this distribution: 21% of detached houses are smaller than 12 ELM WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

12 ELM WAY: Plot and Title Map

12 ELM WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 12 ELM WAY, 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 12 ELM WAY). 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 12 ELM WAY?

12 ELM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 12 on ELM WAY.