23, THE RIDGEWAY, HERSTMONCEUX, HAILSHAM, BN27 4PQ - £245,000

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 THE RIDGEWAY is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £245,000 in November 2020, which was around 53% below the average November 2020 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was B.

23 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 23 THE RIDGEWAY 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 23 THE RIDGEWAY 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
2020 25 NOV	£245,000	£523,946	53% below HPI
1995 2 MAY	£30,000	£110,660	73% below HPI

23 THE RIDGEWAY 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 THE RIDGEWAY sales from May 1995 and November 2020 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 May 1995 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the November 2020 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 23 THE RIDGEWAY?

23 THE RIDGEWAY is 53m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Herstmonceux, based on EPC data. The below chart shows the distribution of detached houses by size in Herstmonceux, and where 23 THE RIDGEWAY lies on this distribution: 5% of detached houses are smaller than 23 THE RIDGEWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

23 THE RIDGEWAY: Plot and Title Map

23 THE RIDGEWAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 23 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

23 THE RIDGEWAY is located in HERSTMONCEUX, in the BN27 postcode district. The below map shows the position of No. 23 on THE RIDGEWAY.