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
15 MEDWAY is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £285,000 in February 2016, which was around 37% below the average February 2016 detached price in the Wealden local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows six sales for 15 MEDWAY since 1st 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 15 MEDWAY 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 |
---|---|---|---|
2016 19 FEB | £285,000 | £452,099 | 37% below HPI |
2015 7 JUL | £285,000 | £416,999 | 32% below HPI |
2008 14 FEB | £247,950 | £378,741 | 35% below HPI |
2006 20 JAN | £215,000 | £314,557 | 32% below HPI |
2000 10 NOV | £130,000 | £199,045 | 35% below HPI |
1999 20 DEC | £121,500 | £171,273 | 29% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The six 15 MEDWAY sales between December 1999 and February 2016 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
15 MEDWAY is 59m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 15 MEDWAY lies on this distribution: 1% of detached houses are smaller than 15 MEDWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Crowborough.
15 MEDWAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 15 MEDWAY, 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 15 MEDWAY). 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.
15 MEDWAY is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 15 on MEDWAY.