OLD PENNY COTTAGE, HILLRISE, CROWBOROUGH, TN6 2DH - £622,000

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 PENNY COTTAGE is a large detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £697,770. It was last sold for £622,000 in March 2021, which was around 15% above the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

OLD PENNY COTTAGE Sold Prices

Land registry data shows two sales for OLD PENNY COTTAGE 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 PENNY COTTAGE 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
2021 12 MAR	£622,000	£539,104	15% above HPI
2002 12 APR	£249,950	£226,028	11% above HPI

OLD PENNY COTTAGE 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 PENNY COTTAGE sales from April 2002 and March 2021 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 April 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might OLD PENNY COTTAGE be worth now?

OLD PENNY COTTAGE might now be worth an estimated £697,770.

This is based on house price inflation of 12.2%, between March 2021 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 12.2% inflationary increase is applied to the most recent sale price for OLD PENNY COTTAGE of £622,000 on 12th March 2021. For the value to have increased from £622,000 to £697,770 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of OLD PENNY COTTAGE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The March 2021 sale price of £622,000 represented a fair market value for the property.
• The size, condition, and specification of OLD PENNY COTTAGE has not materially changed since March 2021.

How Large is OLD PENNY COTTAGE?

OLD PENNY COTTAGE is 152m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% 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 OLD PENNY COTTAGE lies on this distribution: 66% of detached houses houses are smaller than OLD PENNY COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

OLD PENNY COTTAGE: Plot and Title Map

OLD PENNY COTTAGE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of OLD PENNY COTTAGE, 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 PENNY COTTAGE). 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 PENNY COTTAGE?

OLD PENNY COTTAGE is located on HILLRISE in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of OLD PENNY COTTAGE on HILLRISE.