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
7 CHESTNUT COTTAGES is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £487,000 in August 2023, which was around 19% below the average August 2023 detached price in the Wealden local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 CHESTNUT COTTAGES 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 7 CHESTNUT COTTAGES 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 |
---|---|---|---|
2023 30 AUG | £487,000 | £597,739 | 19% below HPI |
2002 19 NOV | £235,000 | £270,805 | 13% 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 7 CHESTNUT COTTAGES sales from November 2002 and August 2023 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
7 CHESTNUT COTTAGES is 85m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Alfriston, based on EPC data. The below chart shows the distribution of detached houses by size in Alfriston, and where 7 CHESTNUT COTTAGES lies on this distribution: 4% of detached houses are smaller than 7 CHESTNUT COTTAGES, and 96% of houses are larger. Note that EPC data is not available for all properties in Alfriston.
7 CHESTNUT COTTAGES sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 7 CHESTNUT COTTAGES, 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 7 CHESTNUT COTTAGES). 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.
7 CHESTNUT COTTAGES is located on HIGH STREET in ALFRISTON, in the BN26 postcode district. The below map shows the position of 7 CHESTNUT COTTAGES on HIGH STREET.