2, CHERWELL ROAD, HEATHFIELD, TN21 8JT - £315,000

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

2 CHERWELL ROAD is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £315,000 in December 2019, which was around 37% below the average December 2019 detached price in the Wealden local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was C.

2 CHERWELL ROAD Sold Prices

Land registry data shows two sales for 2 CHERWELL ROAD 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 2 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
2019 9 DEC	£315,000	£501,728	37% below HPI
2017 24 NOV	£295,000	£487,556	39% below HPI

2 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 two 2 CHERWELL ROAD sales from November 2017 and December 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 November 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 CHERWELL ROAD?

2 CHERWELL ROAD is 97m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 2 CHERWELL ROAD lies on this distribution: 30% of detached houses are smaller than 2 CHERWELL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

2 CHERWELL ROAD: Plot and Title Map

2 CHERWELL ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 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 2 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 2 CHERWELL ROAD?

2 CHERWELL ROAD is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 2 on CHERWELL ROAD.