HEKLA, FIVE ASHES, MAYFIELD, TN20 6JB - £345,000

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.

HEKLA is a large detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £616,943. It was last sold for £345,000 in August 2006, which was around 2% above the average August 2006 detached price in the Wealden local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

HEKLA Sold Prices

Land registry data shows two sales for HEKLA 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. One of the two HEKLA sales was for above the average price, whilst the other was 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
2006 11 AUG	£345,000	£338,196	2% above HPI
2003 10 JAN	£260,000	£290,534	11% below HPI

HEKLA 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 HEKLA sales from January 2003 and August 2006 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 January 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2006 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might HEKLA be worth now?

HEKLA might now be worth an estimated £616,943.

This is based on house price inflation of 78.8%, between August 2006 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 78.8% inflationary increase is applied to the most recent sale price for HEKLA of £345,000 on 11th August 2006. For the value to have increased from £345,000 to £616,943 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of HEKLA has moved in line with the HPI for detached houses in the Wealden local authority area.
• The August 2006 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of HEKLA has not materially changed since August 2006.

How Large is HEKLA?

HEKLA is 136m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Five Ashes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Five Ashes, and where HEKLA lies on this distribution: 67% of detached houses houses are smaller than HEKLA, and 33% of houses are larger. Note that EPC data is not available for all properties in Five Ashes.

HEKLA: Plot and Title Map

HEKLA sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of HEKLA, 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 HEKLA). 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 HEKLA?

HEKLA is located in FIVE ASHES, in the TN20 postcode district. The below map shows the position of HEKLA in FIVE ASHES.