14, ELM WAY, HEATHFIELD, TN21 8YH - £400,000

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

14 ELM WAY is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £400,000 in April 2023, which was around 32% below the average April 2023 detached price in the Wealden local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

14 ELM WAY Sold Prices

Land registry data shows four sales for 14 ELM WAY 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 14 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
2023 6 APR	£400,000	£591,188	32% below HPI
2017 27 OCT	£345,000	£481,910	28% below HPI
2010 3 AUG	£250,000	£363,183	31% below HPI
1999 3 AUG	£114,000	£156,268	27% below HPI

14 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 four 14 ELM WAY sales between August 1999 and April 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 October 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 14 ELM WAY?

14 ELM WAY is 82m² according to the EPC inspection conducted in September 2022. 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 14 ELM WAY lies on this distribution: 19% of detached houses are smaller than 14 ELM WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

14 ELM WAY: Plot and Title Map

14 ELM WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 14 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 14 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 14 ELM WAY?

14 ELM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 14 on ELM WAY.