RUSSETTS, WEST STREET, MAYFIELD, TN20 6DT - £745,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RUSSETTS is a very small extended detached house of 116m², built sometime before 1900. It was last sold for £745,000 in March 2022, which was around 31% above the average March 2022 detached price in the Wealden local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

RUSSETTS Sold Prices

Land registry data shows two sales for RUSSETTS 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. One of the two RUSSETTS sales was for above the average price, whilst the other was 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
2022 18 MAR	£745,000	£567,648	31% above HPI
2019 30 AUG	£465,000	£493,783	6% below HPI

RUSSETTS 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 RUSSETTS sales from August 2019 and March 2022 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 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is RUSSETTS?

RUSSETTS is 116m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mayfield, and where RUSSETTS lies on this distribution: 19% of detached houses are smaller than RUSSETTS, and 81% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

RUSSETTS: Plot and Title Map

RUSSETTS sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of RUSSETTS, 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 RUSSETTS). 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 RUSSETTS?

RUSSETTS is located on WEST STREET in MAYFIELD, in the TN20 postcode district. The below map shows the position of RUSSETTS on WEST STREET.