MERTON LODGE, TILSMORE ROAD, HEATHFIELD, TN21 0XU - £583,083

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

MERTON LODGE is a very large detached house of 162m², built sometime between 1900 and 1929. It was last sold for £583,083 in December 2018, which was around 18% above the average December 2018 detached price in the Wealden local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

MERTON LODGE Sold Prices

Land registry data shows four sales for MERTON LODGE 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 MERTON LODGE 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 5 DEC	£583,083	£495,102	18% above HPI
2015 27 FEB	£540,500	£410,154	32% above HPI
2011 10 JUN	£400,000	£337,339	19% above HPI
1996 11 JUL	£140,000	£109,827	27% above HPI

MERTON LODGE 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 MERTON LODGE sales between July 1996 and December 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 February 2015 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MERTON LODGE?

MERTON LODGE is 162m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where MERTON LODGE lies on this distribution: 84% of detached houses are smaller than MERTON LODGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

MERTON LODGE: Plot and Title Map

MERTON LODGE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of MERTON LODGE, 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 MERTON LODGE). 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 MERTON LODGE?

MERTON LODGE is located on TILSMORE ROAD in HEATHFIELD, in the TN21 postcode district. The below map shows the position of MERTON LODGE on TILSMORE ROAD.