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
26 GIBRALTAR RISE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £370,000 in June 2021, which was around 29% below the average June 2021 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows three sales for 26 GIBRALTAR RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 26 GIBRALTAR RISE 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 |
---|---|---|---|
2021 25 JUN | £370,000 | £520,656 | 29% below HPI |
2004 27 AUG | £260,000 | £307,364 | 15% below HPI |
1995 1 DEC | £85,000 | £103,613 | 18% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 26 GIBRALTAR RISE sales between December 1995 and June 2021 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 August 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
26 GIBRALTAR RISE is 110m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 26 GIBRALTAR RISE lies on this distribution: 43% of detached houses are smaller than 26 GIBRALTAR RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Heathfield.
26 GIBRALTAR RISE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 26 GIBRALTAR RISE, 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 26 GIBRALTAR RISE). 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.
26 GIBRALTAR RISE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 26 on GIBRALTAR RISE.