MARY COTTAGE, VALE ROAD, MAYFIELD, TN20 6BB - £610,000

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

MARY COTTAGE is a very small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £610,000 in February 2023, which was around 3% above the average February 2023 detached price in the Wealden local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

MARY COTTAGE Sold Prices

Land registry data shows four sales for MARY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. two of the four MARY COTTAGE sales were for above the average price, and four 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
2023 23 FEB	£610,000	£595,063	3% above HPI
2016 16 SEP	£468,000	£471,437	1% below HPI
2012 8 JUN	£398,000	£350,023	14% above HPI
2003 30 SEP	£207,500	£292,123	29% below HPI

MARY COTTAGE 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 four MARY COTTAGE sales between September 2003 and February 2023 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is MARY COTTAGE?

MARY COTTAGE is 107m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mayfield, and where MARY COTTAGE lies on this distribution: 13% of detached houses are smaller than MARY COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

MARY COTTAGE: Plot and Title Map

MARY COTTAGE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of MARY COTTAGE, 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 MARY COTTAGE). 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 MARY COTTAGE?

MARY COTTAGE is located on VALE ROAD in MAYFIELD, in the TN20 postcode district. The below map shows the position of MARY COTTAGE on VALE ROAD.