FIVE, THE DRIVE, MARESFIELD PARK, UCKFIELD, TN22 2HB - £1,175,000

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.

FIVE is a very large extended detached house of 299m², built sometime between 1950 and 1966, which could now be worth an estimated £1,298,002. It was last sold for £1,175,000 in January 2021, which was around 115% above the average January 2021 detached price in the Wealden local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

FIVE Sold Prices

Land registry data shows two sales for FIVE 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. Both of the two FIVE sales were for 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
2021 18 JAN	£1,175,000	£547,466	115% above HPI
2017 24 MAR	£745,000	£486,824	53% above HPI

FIVE 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 FIVE sales from March 2017 and January 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 March 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2021 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might FIVE be worth now?

FIVE might now be worth an estimated £1,298,002.

This is based on house price inflation of 10.5%, between January 2021 and February 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 10.5% inflationary increase is applied to the most recent sale price for FIVE of £1,175,000 on 18th January 2021. For the value to have increased from £1,175,000 to £1,298,002 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of FIVE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The January 2021 sale price of £1,175,000 represented a fair market value for the property.
• The size, condition, and specification of FIVE has not materially changed since January 2021.

How Large is FIVE?

FIVE is 299m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Maresfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maresfield, and where FIVE lies on this distribution: 85% of detached houses houses are smaller than FIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Maresfield.

FIVE: Plot and Title Map

FIVE sits on a plot of roughly 0.427 of an acre, or 1,726m². The below map shows the location of FIVE, 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 FIVE). 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 FIVE?

FIVE is located on THE DRIVE in MARESFIELD PARK, in the TN22 postcode district. The below map shows the position of FIVE on THE DRIVE.