NEWTONMORE, MARSHLANDS LANE, HEATHFIELD, TN21 8EX - £381,500

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.

NEWTONMORE is a small detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £499,612. It was last sold for £381,500 in May 2016, which was around 17% below the average May 2016 detached price in the Wealden local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

NEWTONMORE Sold Prices

Land registry data shows two sales for NEWTONMORE 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 NEWTONMORE 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
2016 20 MAY	£381,500	£461,802	17% below HPI
2015 8 JUL	£360,000	£432,033	17% below HPI

NEWTONMORE 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 NEWTONMORE sales from July 2015 and May 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2016 sale, which was also at 17% below the HPI.

What might NEWTONMORE be worth now?

NEWTONMORE might now be worth an estimated £499,612.

This is based on house price inflation of 31%, between May 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 31% inflationary increase is applied to the most recent sale price for NEWTONMORE of £381,500 on 20th May 2016. For the value to have increased from £381,500 to £499,612 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of NEWTONMORE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2016 sale price of £381,500 represented a fair market value for the property.
• The size, condition, and specification of NEWTONMORE has not materially changed since May 2016.

How Large is NEWTONMORE?

NEWTONMORE is 100m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 NEWTONMORE lies on this distribution: 33% of detached houses houses are smaller than NEWTONMORE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

NEWTONMORE: Plot and Title Map

NEWTONMORE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of NEWTONMORE, 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 NEWTONMORE). 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 NEWTONMORE?

NEWTONMORE is located on MARSHLANDS LANE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of NEWTONMORE on MARSHLANDS LANE.