23, ELM WAY, HEATHFIELD, TN21 8YH - £475,000

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

23 ELM WAY is a large detached house of 139m², built sometime between 1991 and 1995. It was last sold for £475,000 in June 2017, which was about the average June 2017 detached price in the Wealden local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

23 ELM WAY Sold Prices

Land registry data shows two sales for 23 ELM 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. One of the two 23 ELM WAY sales was roughly equal to the average price, whilst the other was for above 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
2017 5 JUN	£475,000	£476,966	Close to HPI
1998 3 APR	£186,500	£135,529	38% above HPI

23 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 two 23 ELM WAY sales from April 1998 and June 2017 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 April 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 23 ELM WAY?

23 ELM WAY is 139m² according to the EPC inspection conducted in January 2017. This puts it in the largest 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 23 ELM WAY lies on this distribution: 71% of detached houses are smaller than 23 ELM WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

23 ELM WAY: Plot and Title Map

23 ELM WAY sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 23 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 23 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 23 ELM WAY?

23 ELM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 23 on ELM WAY.