8, ELM WAY, HEATHFIELD, TN21 8YH - £232,950

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

8 ELM WAY is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £232,950 in October 2006, which was around 29% below the average October 2006 detached price in the Wealden local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

8 ELM WAY Sold Prices

Land registry data shows three sales for 8 ELM WAY since 1^st 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 8 ELM WAY 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
2006 23 OCT	£232,950	£329,853	29% below HPI
2003 18 AUG	£195,000	£289,983	33% below HPI
1996 6 SEP	£73,750	£113,219	35% below HPI

8 ELM WAY 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 three 8 ELM WAY sales between September 1996 and October 2006 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 August 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2006 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 ELM WAY?

8 ELM WAY is 88m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 8 ELM WAY lies on this distribution: 24% of detached houses are smaller than 8 ELM WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

8 ELM WAY: Plot and Title Map

8 ELM WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 ELM 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 8 ELM 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 8 ELM WAY?

8 ELM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 8 on ELM WAY.