MARKLYE RISE, RIDGEWAY CLOSE, HEATHFIELD, TN21 8NS - £380,000

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

MARKLYE RISE is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £380,000 in December 2017, which was around 22% below the average December 2017 detached price in the Wealden local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

MARKLYE RISE Sold Prices

Land registry data shows two sales for MARKLYE RISE 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 MARKLYE RISE sales was for below the average price, whilst the other was 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
2017 12 DEC	£380,000	£490,259	22% below HPI
1998 20 FEB	£146,000	£134,873	8% above HPI

MARKLYE RISE 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 MARKLYE RISE sales from February 1998 and December 2017 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 February 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MARKLYE RISE?

MARKLYE RISE is 113m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where MARKLYE RISE lies on this distribution: 46% of detached houses are smaller than MARKLYE RISE, and 53% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

MARKLYE RISE: Plot and Title Map

MARKLYE RISE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of MARKLYE RISE, 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 MARKLYE RISE). 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 MARKLYE RISE?

MARKLYE RISE is located on RIDGEWAY CLOSE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of MARKLYE RISE on RIDGEWAY CLOSE.