FERNHILL, BEACONSFIELD ROAD, CHELWOOD GATE, HAYWARDS HEATH, RH17 7LE - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FERNHILL is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £659,230. It was last sold for £460,000 in December 2014, which was around 10% above the average December 2014 detached price in the Wealden local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

FERNHILL Sold Prices

Land registry data shows two sales for FERNHILL 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. One of the two FERNHILL sales was for above the average price, whilst the other was 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
2014 16 DEC	£460,000	£416,613	10% above HPI
2010 19 NOV	£360,000	£371,998	3% below HPI

FERNHILL 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 FERNHILL sales from November 2010 and December 2014 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 November 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might FERNHILL be worth now?

FERNHILL might now be worth an estimated £659,230.

This is based on house price inflation of 43.3%, between December 2014 and March 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for FERNHILL of £460,000 on 16th December 2014. For the value to have increased from £460,000 to £659,230 over the eleven years and nine months to March 2025, the following assumptions must hold true:

• The value of FERNHILL has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2014 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of FERNHILL has not materially changed since December 2014.

How Large is FERNHILL?

FERNHILL is 91m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Chelwood Gate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelwood Gate, and where FERNHILL lies on this distribution: 3% of detached houses houses are smaller than FERNHILL, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelwood Gate.

FERNHILL: Plot and Title Map

FERNHILL sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of FERNHILL, 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 FERNHILL). 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 FERNHILL?

FERNHILL is located on BEACONSFIELD ROAD in CHELWOOD GATE, in the RH17 postcode district. The below map shows the position of FERNHILL on BEACONSFIELD ROAD.