3, MEADOW RISE, HORAM, HEATHFIELD, TN21 0LZ - £345,000

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

3 MEADOW RISE is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £345,000 in April 2019, which was around 30% below the average April 2019 detached price in the Wealden local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

3 MEADOW RISE Sold Prices

Land registry data shows four sales for 3 MEADOW RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 3 MEADOW 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 2 APR	£345,000	£495,413	30% below HPI
2010 24 MAY	£246,000	£347,983	29% below HPI
2006 26 SEP	£249,950	£329,127	24% below HPI
1998 19 OCT	£106,950	£149,755	29% below HPI

3 MEADOW RISE 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 four 3 MEADOW RISE sales between October 1998 and April 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 May 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 MEADOW RISE?

3 MEADOW RISE is 94m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Horam, based on EPC data. The below chart shows the distribution of detached houses by size in Horam, and where 3 MEADOW RISE lies on this distribution: 19% of detached houses are smaller than 3 MEADOW RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Horam.

3 MEADOW RISE: Plot and Title Map

3 MEADOW RISE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 MEADOW 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 MEADOW 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.

Where is 3 MEADOW RISE?

3 MEADOW RISE is located in HORAM, in the TN21 postcode district. The below map shows the position of No. 3 on MEADOW RISE.