38, SHEPHERDS WAY, RIDGEWOOD, UCKFIELD, TN22 5EN - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 SHEPHERDS WAY is a very small extended semi-detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £437,913. It was last sold for £365,000 in July 2020, which was around 22% above the average July 2020 semi-detached price in the Wealden local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was D.

38 SHEPHERDS WAY Sold Prices

Land registry data shows four sales for 38 SHEPHERDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. All of the four 38 SHEPHERDS WAY sales were for above 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 9 JUL	£365,000	£299,713	22% above HPI
2015 14 JUL	£291,000	£252,045	15% above HPI
2006 18 AUG	£234,500	£204,203	15% above HPI
1996 31 MAY	£76,500	£61,724	24% above HPI

38 SHEPHERDS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wealden local authority area over time, sourced from the HPI. The four 38 SHEPHERDS WAY sales between May 1996 and July 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 July 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 38 SHEPHERDS WAY be worth now?

38 SHEPHERDS WAY might now be worth an estimated £437,913.

This is based on house price inflation of 20%, between July 2020 and February 2025, for semi-detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 38 SHEPHERDS WAY of £365,000 on 9th July 2020. For the value to have increased from £365,000 to £437,913 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 38 SHEPHERDS WAY has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The July 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHEPHERDS WAY has not materially changed since July 2020.

How Large is 38 SHEPHERDS WAY?

38 SHEPHERDS WAY is 89m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in Uckfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Uckfield, and where 38 SHEPHERDS WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 38 SHEPHERDS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Uckfield.

38 SHEPHERDS WAY: Plot and Title Map

38 SHEPHERDS WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 38 SHEPHERDS 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 38 SHEPHERDS 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 38 SHEPHERDS WAY?

38 SHEPHERDS WAY is located in RIDGEWOOD, in the TN22 postcode district. The below map shows the position of No. 38 on SHEPHERDS WAY.