COPPERWOOD, GREEN LANE, HEATHFIELD, TN21 8EW - £500,000

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

COPPERWOOD is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £500,000 in September 2022, which was around 19% below the average September 2022 detached price in the Wealden local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

COPPERWOOD Sold Prices

Land registry data shows three sales for COPPERWOOD 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 COPPERWOOD 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
2022 14 SEP	£500,000	£613,565	19% below HPI
2017 25 MAY	£359,000	£472,390	24% below HPI
1998 30 JUL	£116,000	£145,136	20% below HPI

COPPERWOOD 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 COPPERWOOD sales between July 1998 and September 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 May 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is COPPERWOOD?

COPPERWOOD is 84m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 COPPERWOOD lies on this distribution: 20% of detached houses are smaller than COPPERWOOD, and 79% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

COPPERWOOD: Plot and Title Map

COPPERWOOD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of COPPERWOOD, 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 COPPERWOOD). 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 COPPERWOOD?

COPPERWOOD is located on GREEN LANE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of COPPERWOOD on GREEN LANE.