2, ELM WAY, HEATHFIELD, TN21 8YH - £390,000

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

2 ELM WAY is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £390,000 in October 2018, which was around 23% below the average October 2018 detached price in the Wealden local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 ELM WAY Sold Prices

Land registry data shows four sales for 2 ELM WAY 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 2 ELM 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
2018 26 OCT	£390,000	£504,127	23% below HPI
2013 15 NOV	£267,000	£374,547	29% below HPI
2006 3 MAR	£250,000	£317,384	21% below HPI
2001 4 OCT	£174,000	£211,346	18% below HPI

2 ELM 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 four 2 ELM WAY sales between October 2001 and October 2018 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 ELM WAY?

2 ELM WAY is 96m² according to the EPC inspection conducted in July 2013. 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 ELM WAY lies on this distribution: 29% of detached houses are smaller than 2 ELM WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

2 ELM WAY: Plot and Title Map

2 ELM WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 2 ELM 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 2 ELM 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 2 ELM WAY?

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