HOLMEWOOD, NEWICK LANE, MAYFIELD, TN20 6RB - £905,000

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

HOLMEWOOD is a large extended detached house of 184m², built sometime between 1983 and 1990. It was last sold for £905,000 in August 2021, which was around 68% above the average August 2021 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.

HOLMEWOOD Sold Prices

Land registry data shows three sales for HOLMEWOOD 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 HOLMEWOOD 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
2021 9 AUG	£905,000	£539,113	68% above HPI
2003 26 SEP	£490,000	£292,123	68% above HPI
1999 14 MAY	£284,000	£149,284	90% above HPI

HOLMEWOOD 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 HOLMEWOOD sales between May 1999 and August 2021 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 September 2003 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the August 2021 sale, which was also at 68% above the HPI.

How Large is HOLMEWOOD?

HOLMEWOOD is 184m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mayfield, and where HOLMEWOOD lies on this distribution: 66% of detached houses are smaller than HOLMEWOOD, and 33% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

HOLMEWOOD: Plot and Title Map

HOLMEWOOD sits on a plot of roughly 0.335 of an acre, or 1,356m². The below map shows the location of HOLMEWOOD, 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 HOLMEWOOD). 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 HOLMEWOOD?

HOLMEWOOD is located on NEWICK LANE in MAYFIELD, in the TN20 postcode district. The below map shows the position of HOLMEWOOD on NEWICK LANE.