LATCHES, BEACONSFIELD ROAD, CHELWOOD GATE, HAYWARDS HEATH, RH17 7JU - £405,000

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.

LATCHES is a very small extended semi-detached house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £480,298. It was last sold for £405,000 in June 2020, which was around 34% above the average June 2020 semi-detached price in the Wealden local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

LATCHES Sold Prices

Land registry data shows three sales for LATCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. All of the three LATCHES 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
2020 10 JUN	£405,000	£303,211	34% above HPI
2006 6 NOV	£280,000	£209,456	34% above HPI
2001 27 APR	£159,000	£117,230	36% above HPI

LATCHES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wealden local authority area over time, sourced from the HPI. The three LATCHES sales between April 2001 and June 2020 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 November 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2020 sale, which was also at 34% above the HPI.

What might LATCHES be worth now?

LATCHES might now be worth an estimated £480,298.

This is based on house price inflation of 18.6%, between June 2020 and February 2025, for semi-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 18.6% inflationary increase is applied to the most recent sale price for LATCHES of £405,000 on 10th June 2020. For the value to have increased from £405,000 to £480,298 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of LATCHES has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The June 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of LATCHES has not materially changed since June 2020.

How Large is LATCHES?

LATCHES is 86m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of semi-detached houses houses in Chelwood Gate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelwood Gate, and where LATCHES lies on this distribution: 1% of semi-detached houses houses are smaller than LATCHES, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelwood Gate.

LATCHES: Plot and Title Map

LATCHES sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of LATCHES, 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 LATCHES). 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 LATCHES?

LATCHES is located on BEACONSFIELD ROAD in CHELWOOD GATE, in the RH17 postcode district. The below map shows the position of LATCHES on BEACONSFIELD ROAD.