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

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

MILLCROFT is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £217,000 in May 2005, which was around 31% 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	£312,777	31% below HPI
2003 6 JUN	£176,000	£279,476	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2005 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where MILLCROFT lies on this distribution: 24% of detached 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.