ESPERANCE, GREEN LANE, CROWBOROUGH, TN6 2DE - £705,000

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

ESPERANCE is a large detached house of 181m², built sometime between 2003 and 2006. It was last sold for £705,000 in August 2021, which was around 31% above the average August 2021 detached price in the Wealden local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

ESPERANCE Sold Prices

Land registry data shows four sales for ESPERANCE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. two of the four ESPERANCE sales were for above the average price, and four 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
2021 31 AUG	£705,000	£539,113	31% above HPI
2014 26 AUG	£429,000	£390,949	10% above HPI
2007 12 OCT	£292,000	£367,255	20% below HPI
2004 12 MAR	£233,500	£294,855	21% below HPI

ESPERANCE 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 four ESPERANCE sales between March 2004 and August 2021 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 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is ESPERANCE?

ESPERANCE is 181m² according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where ESPERANCE lies on this distribution: 80% of detached houses are smaller than ESPERANCE, and 20% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

ESPERANCE: Plot and Title Map

ESPERANCE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of ESPERANCE, 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 ESPERANCE). 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 ESPERANCE?

ESPERANCE is located on GREEN LANE in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of ESPERANCE on GREEN LANE.