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
4 THE HIGHLANDS is a midsized detached house of 128m², built sometime between 2003 and 2006. It was last sold for £615,000 in March 2021, which was around 18% above the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 THE HIGHLANDS 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 4 THE HIGHLANDS 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 |
---|---|---|---|
2021 25 MAR | £615,000 | £520,343 | 18% above HPI |
2017 19 APR | £595,000 | £472,501 | 26% above HPI |
2006 5 MAY | £415,000 | £333,276 | 25% above HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 4 THE HIGHLANDS sales between May 2006 and March 2021 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 April 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
4 THE HIGHLANDS is 128m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Nutley, based on EPC data. The below chart shows the distribution of detached houses by size in Nutley, and where 4 THE HIGHLANDS lies on this distribution: 44% of detached houses are smaller than 4 THE HIGHLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Nutley.
4 THE HIGHLANDS sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 4 THE HIGHLANDS, 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 4 THE HIGHLANDS). 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.
4 THE HIGHLANDS is located on NETHER LANE in NUTLEY, in the TN22 postcode district. The below map shows the position of 4 THE HIGHLANDS on NETHER LANE.