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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

RIDGECOTE is a large extended detached house of 211m², built sometime between 1900 and 1929. It was last sold for £890,000 in November 2023, which was around 52% 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	£585,947	52% above HPI
2020 3 AUG	£950,000	£499,291	90% 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 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the November 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where RIDGECOTE lies on this distribution: 73% of detached 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.