OLD OAST, MARESFIELD, UCKFIELD, TN22 3AY - £1,300,000

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.

OLD OAST is a very large extended detached house of 336m², built sometime before 1900, which could now be worth an estimated £1,569,624. It was last sold for £1,300,000 in February 2020, which was around 160% above the average February 2020 detached price in the Wealden local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

OLD OAST Sold Prices

Land registry data shows two sales for OLD OAST 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 OLD OAST 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 11 FEB	£1,300,000	£500,890	160% above HPI
2002 12 DEC	£760,550	£284,573	167% above HPI

OLD OAST 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 OLD OAST sales from December 2002 and February 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 December 2002 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the February 2020 sale, where it falls to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might OLD OAST be worth now?

OLD OAST might now be worth an estimated £1,569,624.

This is based on house price inflation of 20.7%, between February 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 20.7% inflationary increase is applied to the most recent sale price for OLD OAST of £1,300,000 on 11th February 2020. For the value to have increased from £1,300,000 to £1,569,624 over the five years to February 2025, the following assumptions must hold true:

• The value of OLD OAST has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2020 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of OLD OAST has not materially changed since February 2020.

How Large is OLD OAST?

OLD OAST is 336m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses houses in Maresfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maresfield, and where OLD OAST lies on this distribution: 92% of detached houses houses are smaller than OLD OAST, and 8% of houses are larger. Note that EPC data is not available for all properties in Maresfield.

OLD OAST: Plot and Title Map

OLD OAST sits on a plot of roughly 2.4 acres, or 9,789m². The below map shows the location of OLD OAST, 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 OLD OAST). 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 OLD OAST?

OLD OAST is located in MARESFIELD, in the TN22 postcode district. The below map shows the position of OLD OAST in MARESFIELD.