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
3 MEDWAY is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £373,000 in August 2024, which was around 37% below the average August 2024 detached price in the Wealden local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 MEDWAY 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. Both of the two 3 MEDWAY 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 |
---|---|---|---|
2024 13 AUG | £373,000 | £589,461 | 37% below HPI |
1996 12 JUL | £70,000 | £109,827 | 36% 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 MEDWAY sales from July 1996 and August 2024 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 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
3 MEDWAY is 73m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 MEDWAY lies on this distribution: 4% of detached houses are smaller than 3 MEDWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Crowborough.
3 MEDWAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 MEDWAY, 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 MEDWAY). 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 MEDWAY is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 3 on MEDWAY.