MEADS, EAST STREET, MAYFIELD, TN20 6UA - £1,175,000

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.

MEADS is a very large extended detached house of 275m², built sometime between 1900 and 1929, which could now be worth an estimated £1,453,922. It was last sold for £1,175,000 in August 2016, which was around 140% above the average August 2016 detached price in the Wealden local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was D.

MEADS Sold Prices

Land registry data shows two sales for MEADS 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. Both of the two MEADS 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
2016 31 AUG	£1,175,000	£488,755	140% above HPI
2011 15 JUL	£807,750	£354,069	128% above HPI

MEADS 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 MEADS sales from July 2011 and August 2016 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 July 2011 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the August 2016 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might MEADS be worth now?

MEADS might now be worth an estimated £1,453,922.

This is based on house price inflation of 23.7%, between August 2016 and February 2025, for 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 23.7% inflationary increase is applied to the most recent sale price for MEADS of £1,175,000 on 31st August 2016. For the value to have increased from £1,175,000 to £1,453,922 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of MEADS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The August 2016 sale price of £1,175,000 represented a fair market value for the property.
• The size, condition, and specification of MEADS has not materially changed since August 2016.

How Large is MEADS?

MEADS is 275m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayfield, and where MEADS lies on this distribution: 93% of detached houses houses are smaller than MEADS, and 7% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

MEADS: Plot and Title Map

MEADS sits on a plot of roughly 0.453 of an acre, or 1,835m². The below map shows the location of MEADS, 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 MEADS). 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 MEADS?

MEADS is located on EAST STREET in MAYFIELD, in the TN20 postcode district. The below map shows the position of MEADS on EAST STREET.