RIDGECOTE, MAYFIELD LANE, WADHURST, TN5 6HX - £890,000

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.

RIDGECOTE is a large extended detached house of 211m², built sometime between 1900 and 1929, which could now be worth an estimated £900,324. It was last sold for £890,000 in November 2023, which was around 49% above the average November 2023 detached price in the Wealden local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

RIDGECOTE Sold Prices

Land registry data shows two sales for RIDGECOTE 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 RIDGECOTE 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
2023 29 NOV	£890,000	£597,841	49% above HPI
2020 3 AUG	£950,000	£517,293	84% above HPI

RIDGECOTE 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 RIDGECOTE sales from August 2020 and November 2023 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 August 2020 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the November 2023 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might RIDGECOTE be worth now?

RIDGECOTE might now be worth an estimated £900,324.

This is based on house price inflation of 1.2%, between November 2023 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 1.2% inflationary increase is applied to the most recent sale price for RIDGECOTE of £890,000 on 29th November 2023. For the value to have increased from £890,000 to £900,324 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of RIDGECOTE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The November 2023 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGECOTE has not materially changed since November 2023.

How Large is RIDGECOTE?

RIDGECOTE is 211m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadhurst, and where RIDGECOTE lies on this distribution: 73% of detached houses houses are smaller than RIDGECOTE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

RIDGECOTE: Plot and Title Map

RIDGECOTE sits on a plot of roughly 0.890 of an acre, or 3,603m². The below map shows the location of RIDGECOTE, 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 RIDGECOTE). 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 RIDGECOTE?

RIDGECOTE is located on MAYFIELD LANE in WADHURST, in the TN5 postcode district. The below map shows the position of RIDGECOTE on MAYFIELD LANE.