18, CHERWELL ROAD, HEATHFIELD, TN21 8JT - £420,000

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

18 CHERWELL ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £420,000 in July 2022, which was around 29% below the average July 2022 detached price in the Wealden local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

18 CHERWELL ROAD Sold Prices

Land registry data shows four sales for 18 CHERWELL ROAD 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 18 CHERWELL ROAD 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
2022 15 JUL	£420,000	£595,688	29% below HPI
2018 13 JUL	£370,000	£496,552	25% below HPI
2006 11 DEC	£249,995	£340,410	27% below HPI
2003 11 JUL	£222,000	£284,515	22% below HPI

18 CHERWELL ROAD 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 18 CHERWELL ROAD sales between July 2003 and July 2022 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 CHERWELL ROAD?

18 CHERWELL ROAD is 76m² according to the EPC inspection conducted in March 2018. 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 18 CHERWELL ROAD lies on this distribution: 16% of detached houses are smaller than 18 CHERWELL ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

18 CHERWELL ROAD: Plot and Title Map

18 CHERWELL ROAD sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 18 CHERWELL ROAD, 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 18 CHERWELL ROAD). 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 18 CHERWELL ROAD?

18 CHERWELL ROAD is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 18 on CHERWELL ROAD.