NEW OAKS, SOUTHVIEW CLOSE, CROWBOROUGH, TN6 1HH - £725,000

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.

NEW OAKS is a very large detached house of 222m², built sometime between 1996 and 2002, which could now be worth an estimated £805,180. It was last sold for £725,000 in December 2020, which was around 33% above the average December 2020 detached price in the Wealden local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

NEW OAKS Sold Prices

Land registry data shows three sales for NEW OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three NEW OAKS 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
2020 16 DEC	£725,000	£544,552	33% above HPI
2002 4 OCT	£410,000	£280,348	46% above HPI
1997 17 JUL	£265,000	£128,944	106% above HPI

NEW OAKS 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 three NEW OAKS sales between July 1997 and December 2020 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 2002 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the December 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might NEW OAKS be worth now?

NEW OAKS might now be worth an estimated £805,180.

This is based on house price inflation of 11.1%, between December 2020 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 11.1% inflationary increase is applied to the most recent sale price for NEW OAKS of £725,000 on 16th December 2020. For the value to have increased from £725,000 to £805,180 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of NEW OAKS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2020 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of NEW OAKS has not materially changed since December 2020.

How Large is NEW OAKS?

NEW OAKS is 222m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crowborough, and where NEW OAKS lies on this distribution: 90% of detached houses houses are smaller than NEW OAKS, and 10% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

NEW OAKS: Plot and Title Map

NEW OAKS sits on a plot of roughly 0.269 of an acre, or 1,088m². The below map shows the location of NEW OAKS, 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 NEW OAKS). 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 NEW OAKS?

NEW OAKS is located on SOUTHVIEW CLOSE in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of NEW OAKS on SOUTHVIEW CLOSE.