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

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.

FOREST EDGE is a midsized detached house of 150m², built sometime between 1983 and 1990, which could now be worth an estimated £758,700. It was last sold for £750,000 in November 2023, which was around 25% 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	£597,841	25% above HPI
2021 23 APR	£625,000	£529,781	18% above HPI
1998 15 DEC	£225,000	£154,110	46% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might FOREST EDGE be worth now?

FOREST EDGE might now be worth an estimated £758,700.

This is based on house price inflation of 1.2%, between November 2023 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 1.2% inflationary increase is applied to the most recent sale price for FOREST EDGE of £750,000 on 28th November 2023. For the value to have increased from £750,000 to £758,700 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of FOREST EDGE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The November 2023 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of FOREST EDGE has not materially changed since November 2023.

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 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 FOREST EDGE lies on this distribution: 45% of detached houses 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.