CEDARS, HOREBEECH LANE, HORAM, HEATHFIELD, TN21 0DS - £465,000

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

CEDARS is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £465,000 in April 2024, which was around 20% below the average April 2024 detached price in the Wealden local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

CEDARS Sold Prices

Land registry data shows two sales for CEDARS 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. Both of the two CEDARS 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
2024 3 APR	£465,000	£583,905	20% below HPI
1997 3 DEC	£105,000	£133,745	21% below HPI

CEDARS 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 CEDARS sales from December 1997 and April 2024 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 December 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is CEDARS?

CEDARS is 75m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Horam, based on EPC data. The below chart shows the distribution of detached houses by size in Horam, and where CEDARS lies on this distribution: 6% of detached houses are smaller than CEDARS, and 94% of houses are larger. Note that EPC data is not available for all properties in Horam.

CEDARS: Plot and Title Map

CEDARS sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of CEDARS, 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 CEDARS). 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 CEDARS?

CEDARS is located on HOREBEECH LANE in HORAM, in the TN21 postcode district. The below map shows the position of CEDARS on HOREBEECH LANE.