22, ELM WAY, HEATHFIELD, TN21 8YH - £305,000

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

22 ELM WAY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £305,000 in May 2019, which was around 38% below the average May 2019 detached price in the Wealden local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

22 ELM WAY Sold Prices

Land registry data shows five sales for 22 ELM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 22 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
2019 8 MAY	£305,000	£493,583	38% below HPI
2016 13 JUN	£307,000	£453,997	32% below HPI
2013 2 DEC	£237,000	£374,043	37% below HPI
2002 27 AUG	£169,950	£249,026	32% below HPI
1995 20 JUL	£75,000	£111,689	33% below HPI

22 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 five 22 ELM WAY sales between July 1995 and May 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 June 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 22 ELM WAY?

22 ELM WAY is 71m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 22 ELM WAY lies on this distribution: 9% of detached houses are smaller than 22 ELM WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

22 ELM WAY: Plot and Title Map

22 ELM WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 22 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 22 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 22 ELM WAY?

22 ELM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 22 on ELM WAY.