MILLCROFT, MILL ROAD, HEATHFIELD, TN21 0XD - £217,000

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.

MILLCROFT is a small extended detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £399,811. It was last sold for £217,000 in May 2005, which was around 33% below the average May 2005 detached price in the Wealden local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

MILLCROFT Sold Prices

Land registry data shows two sales for MILLCROFT 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 MILLCROFT sales 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
2005 20 MAY	£217,000	£324,054	33% below HPI
2003 6 JUN	£176,000	£289,552	39% below HPI

MILLCROFT 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 MILLCROFT sales from June 2003 and May 2005 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 June 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2005 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might MILLCROFT be worth now?

MILLCROFT might now be worth an estimated £399,811.

This is based on house price inflation of 84.2%, between May 2005 and March 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 84.2% inflationary increase is applied to the most recent sale price for MILLCROFT of £217,000 on 20th May 2005. For the value to have increased from £217,000 to £399,811 over the twenty years and two months to March 2025, the following assumptions must hold true:

• The value of MILLCROFT has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2005 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of MILLCROFT has not materially changed since May 2005.

How Large is MILLCROFT?

MILLCROFT is 88m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heathfield, and where MILLCROFT lies on this distribution: 24% of detached houses houses are smaller than MILLCROFT, and 76% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

MILLCROFT: Plot and Title Map

MILLCROFT sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of MILLCROFT, 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 MILLCROFT). 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 MILLCROFT?

MILLCROFT is located on MILL ROAD in HEATHFIELD, in the TN21 postcode district. The below map shows the position of MILLCROFT on MILL ROAD.