GRAGILAN, PARK LANE, CROWBOROUGH, TN6 2QN - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GRAGILAN is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £405,000 in July 2022, which was around 32% below the average July 2022 detached price in the Wealden local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

GRAGILAN Sold Prices

Land registry data shows three sales for GRAGILAN 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 GRAGILAN sales 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
2022 8 JUL	£405,000	£595,688	32% below HPI
2007 19 OCT	£222,500	£367,255	39% below HPI
1995 25 AUG	£61,750	£110,383	44% below HPI

GRAGILAN 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 GRAGILAN sales between August 1995 and July 2022 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 October 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is GRAGILAN?

GRAGILAN is 70m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where GRAGILAN lies on this distribution: 3% of detached houses are smaller than GRAGILAN, and 97% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

GRAGILAN: Plot and Title Map

GRAGILAN sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of GRAGILAN, 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 GRAGILAN). 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 GRAGILAN?

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