CHIPPS, UNION STREET, FLIMWELL, WADHURST, TN5 7NR - £225,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

CHIPPS is a very small extended semi-detached house of 108m², built sometime between 1967 and 1975. It was last sold for £225,000 in November 2012, which was around 29% below the average November 2012 detached price in the Rother local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

CHIPPS Sold Prices

Land registry data shows four sales for CHIPPS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four CHIPPS 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
2012 30 NOV	£225,000	£315,800	29% below HPI
2006 27 OCT	£202,500	£301,622	33% below HPI
2003 9 MAY	£165,000	£246,572	33% below HPI
2001 16 MAY	£119,000	£171,709	31% below HPI

CHIPPS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four CHIPPS sales between May 2001 and November 2012 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 October 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2012 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is CHIPPS?

CHIPPS is 108m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Flimwell, based on EPC data. The below chart shows the distribution of detached houses by size in Flimwell, and where CHIPPS lies on this distribution: 18% of detached houses are smaller than CHIPPS, and 82% of houses are larger. Note that EPC data is not available for all properties in Flimwell.

CHIPPS: Plot and Title Map

CHIPPS sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of CHIPPS, 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 CHIPPS). 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 CHIPPS?

CHIPPS is located on UNION STREET in FLIMWELL, in the TN5 postcode district. The below map shows the position of CHIPPS on UNION STREET.