BROADACRES, TOWNLANDS ROAD, WADHURST, TN5 6BW - £550,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

BROADACRES is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £550,000 in April 2022, which was around 4% below the average April 2022 detached price in the Wealden local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

BROADACRES Sold Prices

Land registry data shows two sales for BROADACRES since 1^st 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. One of the two BROADACRES sales was for below the average price, whilst the other was roughly equal to 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
2022 6 APR	£550,000	£573,510	4% below HPI
1997 15 AUG	£126,000	£126,306	Close to HPI

BROADACRES 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 two BROADACRES sales from August 1997 and April 2022 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is BROADACRES?

BROADACRES is 85m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where BROADACRES lies on this distribution: 7% of detached houses are smaller than BROADACRES, and 93% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

BROADACRES: Plot and Title Map

BROADACRES sits on a plot of roughly 0.217 of an acre, or 876m². The below map shows the location of BROADACRES, 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 BROADACRES). 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 BROADACRES?

BROADACRES is located on TOWNLANDS ROAD in WADHURST, in the TN5 postcode district. The below map shows the position of BROADACRES on TOWNLANDS ROAD.