15, PAYNSBRIDGE WAY, HORAM, HEATHFIELD, TN21 0HQ - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PAYNSBRIDGE WAY is a very small extended semi-detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £338,263. It was last sold for £280,000 in June 2020, which was around 8% below the average June 2020 semi-detached price in the Wealden local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

15 PAYNSBRIDGE WAY Sold Prices

Land registry data shows five sales for 15 PAYNSBRIDGE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. The five 15 PAYNSBRIDGE WAY sales were a mix of below the average price, roughly equal to the average price, and above 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
2020 25 JUN	£280,000	£303,211	8% below HPI
2010 26 MAR	£209,000	£209,105	Close to HPI
2005 10 AUG	£207,500	£198,711	4% above HPI
2001 22 NOV	£135,500	£120,914	12% above HPI
1999 26 MAR	£87,000	£84,849	3% above HPI

15 PAYNSBRIDGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wealden local authority area over time, sourced from the HPI. The five 15 PAYNSBRIDGE WAY sales between March 1999 and June 2020 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 March 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 PAYNSBRIDGE WAY be worth now?

15 PAYNSBRIDGE WAY might now be worth an estimated £338,263.

This is based on house price inflation of 20.8%, between June 2020 and December 2024, for semi-detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 15 PAYNSBRIDGE WAY of £280,000 on 25th June 2020. For the value to have increased from £280,000 to £338,263 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 15 PAYNSBRIDGE WAY has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The June 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PAYNSBRIDGE WAY has not materially changed since June 2020.

How Large is 15 PAYNSBRIDGE WAY?

15 PAYNSBRIDGE WAY is 85m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of semi-detached houses houses in Horam, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horam, and where 15 PAYNSBRIDGE WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 15 PAYNSBRIDGE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Horam.

15 PAYNSBRIDGE WAY: Plot and Title Map

15 PAYNSBRIDGE WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 15 PAYNSBRIDGE 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 15 PAYNSBRIDGE 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 15 PAYNSBRIDGE WAY?

15 PAYNSBRIDGE WAY is located in HORAM, in the TN21 postcode district. The below map shows the position of No. 15 on PAYNSBRIDGE WAY.