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
3 COMMON WOOD RISE is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £620,000 in December 2020, which was around 18% above the average December 2020 detached price in the Wealden local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 COMMON WOOD RISE since 1st 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 3 COMMON WOOD RISE sales was for above the average price, whilst the other was 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 21 DEC | £620,000 | £525,602 | 18% above HPI |
2014 7 NOV | £370,000 | £401,230 | 8% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 3 COMMON WOOD RISE sales from November 2014 and December 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 November 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
3 COMMON WOOD RISE is 155m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 3 COMMON WOOD RISE lies on this distribution: 67% of detached houses are smaller than 3 COMMON WOOD RISE, and 32% of houses are larger. Note that EPC data is not available for all properties in Crowborough.
3 COMMON WOOD RISE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 COMMON WOOD 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 3 COMMON WOOD 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.
3 COMMON WOOD RISE is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 3 on COMMON WOOD RISE.