FOREST EDGE, BEACONSFIELD ROAD, CHELWOOD GATE, HAYWARDS HEATH, RH17 7JU - £750,000

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

FOREST EDGE is a midsized detached house of 150m², built sometime between 1983 and 1990. It was last sold for £750,000 in November 2023, which was around 29% above the average November 2023 detached price in the Wealden local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

FOREST EDGE Sold Prices

Land registry data shows three sales for FOREST EDGE 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 FOREST EDGE 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
2023 28 NOV	£750,000	£580,438	29% above HPI
2021 23 APR	£625,000	£511,345	22% above HPI
1998 15 DEC	£225,000	£148,747	51% above HPI

FOREST EDGE 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 FOREST EDGE sales between December 1998 and November 2023 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 April 2021 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is FOREST EDGE?

FOREST EDGE is 150m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Chelwood Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Chelwood Gate, and where FOREST EDGE lies on this distribution: 45% of detached houses are smaller than FOREST EDGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chelwood Gate.

FOREST EDGE: Plot and Title Map

FOREST EDGE sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of FOREST EDGE, 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 FOREST EDGE). 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 FOREST EDGE?

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