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
126 SOUTHRIDGE RISE is a midsized extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £540,000 in August 2023, which was around 10% below the average August 2023 detached price in the Wealden local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 126 SOUTHRIDGE RISE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 126 SOUTHRIDGE 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 |
---|---|---|---|
2023 31 AUG | £540,000 | £597,739 | 10% below HPI |
2003 8 AUG | £230,000 | £289,983 | 21% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 126 SOUTHRIDGE RISE sales from August 2003 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 August 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
126 SOUTHRIDGE RISE is 136m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 126 SOUTHRIDGE RISE lies on this distribution: 55% of detached houses are smaller than 126 SOUTHRIDGE RISE, and 45% of houses are larger. Note that EPC data is not available for all properties in Crowborough.
126 SOUTHRIDGE RISE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 126 SOUTHRIDGE 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 126 SOUTHRIDGE 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.
126 SOUTHRIDGE RISE is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 126 on SOUTHRIDGE RISE.