16, PAYNSBRIDGE WAY, HORAM, HEATHFIELD, TN21 0HQ - £360,000

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

16 PAYNSBRIDGE WAY is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £360,000 in September 2019, which was around 27% below the average September 2019 detached price in the Wealden local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

16 PAYNSBRIDGE WAY Sold Prices

Land registry data shows two sales for 16 PAYNSBRIDGE WAY since 1^st 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 16 PAYNSBRIDGE 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 19 SEP	£360,000	£495,838	27% below HPI
2016 8 JAN	£265,000	£448,182	41% below HPI

16 PAYNSBRIDGE 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 two 16 PAYNSBRIDGE WAY sales from January 2016 and September 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 January 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 PAYNSBRIDGE WAY?

16 PAYNSBRIDGE WAY is 87m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Horam, based on EPC data. The below chart shows the distribution of detached houses by size in Horam, and where 16 PAYNSBRIDGE WAY lies on this distribution: 12% of detached houses are smaller than 16 PAYNSBRIDGE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Horam.

16 PAYNSBRIDGE WAY: Plot and Title Map

16 PAYNSBRIDGE WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 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 16 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 16 PAYNSBRIDGE WAY?

16 PAYNSBRIDGE WAY is located in HORAM, in the TN21 postcode district. The below map shows the position of No. 16 on PAYNSBRIDGE WAY.