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
28 GIBRALTAR RISE is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £390,000 in December 2019, which was around 22% below the average December 2019 detached price in the Wealden local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 28 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 28 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 |
---|---|---|---|
2019 20 DEC | £390,000 | £501,728 | 22% below HPI |
2016 29 JUL | £302,500 | £456,038 | 34% below HPI |
1997 27 NOV | £115,000 | £130,966 | 12% 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 28 GIBRALTAR RISE sales between November 1997 and December 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 July 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
28 GIBRALTAR RISE is 120m², which includes one extension, according to the EPC inspection conducted in March 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 28 GIBRALTAR RISE lies on this distribution: 53% of detached houses are smaller than 28 GIBRALTAR RISE, and 45% of houses are larger. Note that EPC data is not available for all properties in Heathfield.
28 GIBRALTAR RISE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 28 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 28 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.
28 GIBRALTAR RISE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 28 on GIBRALTAR RISE.