MEAD COTTAGE, LEEDS LANE, FIVE ASHES, MAYFIELD, TN20 6JX - £567,500

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

MEAD COTTAGE is a very small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £567,500 in August 2018, which was around 13% above the average August 2018 detached price in the Wealden local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

MEAD COTTAGE Sold Prices

Land registry data shows four sales for MEAD 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. All of the four MEAD COTTAGE 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
2018 24 AUG	£567,500	£504,199	13% above HPI
2012 25 OCT	£490,000	£365,154	34% above HPI
2003 7 MAY	£390,000	£282,000	38% above HPI
1998 17 MAR	£190,000	£134,042	42% above HPI

MEAD 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 MEAD COTTAGE sales between March 1998 and August 2018 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 October 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is MEAD COTTAGE?

MEAD COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Five Ashes, based on EPC data. The below chart shows the distribution of detached houses by size in Five Ashes, and where MEAD COTTAGE lies on this distribution: 13% of detached houses are smaller than MEAD COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Five Ashes.

MEAD COTTAGE: Plot and Title Map

MEAD COTTAGE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of MEAD 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 MEAD 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 MEAD COTTAGE?

MEAD COTTAGE is located on LEEDS LANE in FIVE ASHES, in the TN20 postcode district. The below map shows the position of MEAD COTTAGE on LEEDS LANE.