27, MILLENNIUM WAY, HEATHFIELD, TN21 0FP - £475,000

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

27 MILLENNIUM WAY is a midsized detached house of 120m². It was last sold for £475,000 in August 2022, which was around 21% below the average August 2022 detached price in the Wealden local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

27 MILLENNIUM WAY Sold Prices

Land registry data shows two sales for 27 MILLENNIUM 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. Both of the two 27 MILLENNIUM 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
2022 26 AUG	£475,000	£600,566	21% below HPI
2020 5 JUN	£375,000	£499,274	25% below HPI

27 MILLENNIUM 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 27 MILLENNIUM WAY sales from June 2020 and August 2022 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 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 27 MILLENNIUM WAY?

27 MILLENNIUM WAY is 120m² according to the EPC inspection conducted in November 2019. This puts it in the largest 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 27 MILLENNIUM WAY lies on this distribution: 53% of detached houses are smaller than 27 MILLENNIUM WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

27 MILLENNIUM WAY: Plot and Title Map

27 MILLENNIUM WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 27 MILLENNIUM 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 27 MILLENNIUM 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 27 MILLENNIUM WAY?

27 MILLENNIUM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 27 on MILLENNIUM WAY.