CHERRY COTTAGE, MARSHLANDS LANE, HEATHFIELD, TN21 8EX - £495,000

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

CHERRY COTTAGE is a small extended detached house of 103m², built sometime before 1900. It was last sold for £495,000 in October 2018, which was around 2% below the average October 2018 detached price in the Wealden local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was D.

CHERRY COTTAGE Sold Prices

Land registry data shows three sales for CHERRY COTTAGE 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. The three CHERRY COTTAGE sales were a mix of below the average price, roughly equal to the average price, and 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
2018 11 OCT	£495,000	£504,127	2% below HPI
2013 28 AUG	£399,000	£366,749	9% above HPI
1998 20 NOV	£150,000	£149,531	Close to HPI

CHERRY COTTAGE 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 CHERRY COTTAGE sales between November 1998 and October 2018 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is CHERRY COTTAGE?

CHERRY COTTAGE is 103m², which includes three extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where CHERRY COTTAGE lies on this distribution: 36% of detached houses are smaller than CHERRY COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

CHERRY COTTAGE: Plot and Title Map

CHERRY COTTAGE sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of CHERRY COTTAGE, 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 CHERRY COTTAGE). 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 CHERRY COTTAGE?

CHERRY COTTAGE is located on MARSHLANDS LANE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of CHERRY COTTAGE on MARSHLANDS LANE.