GRASMERE, SANDY CROSS LANE, SANDY CROSS, HEATHFIELD, TN21 8QH - £337,500

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.

GRASMERE is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £408,746. It was last sold for £337,500 in March 2018, which was around 32% below the average March 2018 detached price in the Wealden local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

GRASMERE Sold Prices

Land registry data shows two sales for GRASMERE 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 GRASMERE 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
2018 27 MAR	£337,500	£499,361	32% below HPI
2002 28 MAR	£165,000	£226,976	27% below HPI

GRASMERE 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 GRASMERE sales from March 2002 and March 2018 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £408,746.

This is based on house price inflation of 21.1%, between March 2018 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 21.1% inflationary increase is applied to the most recent sale price for GRASMERE of £337,500 on 27th March 2018. For the value to have increased from £337,500 to £408,746 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The March 2018 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since March 2018.

How Large is GRASMERE?

GRASMERE is 62m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heathfield, and where GRASMERE lies on this distribution: 2% of detached houses houses are smaller than GRASMERE, and 98% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on SANDY CROSS LANE in SANDY CROSS, in the TN21 postcode district. The below map shows the position of GRASMERE on SANDY CROSS LANE.