SILVERMERE, ALEXANDRA ROAD, MAYFIELD, TN20 6UE - £670,000

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

SILVERMERE is a small extended detached house of 138m², built sometime between 1900 and 1929. It was last sold for £670,000 in May 2021, which was around 31% above the average May 2021 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 C.

SILVERMERE Sold Prices

Land registry data shows two sales for SILVERMERE 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 SILVERMERE 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
2021 14 MAY	£670,000	£512,390	31% above HPI
2010 15 OCT	£320,000	£360,679	11% below HPI

SILVERMERE 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 SILVERMERE sales from October 2010 and May 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 October 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is SILVERMERE?

SILVERMERE is 138m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mayfield, and where SILVERMERE lies on this distribution: 35% of detached houses are smaller than SILVERMERE, and 63% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

SILVERMERE: Plot and Title Map

SILVERMERE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of SILVERMERE, 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 SILVERMERE). 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 SILVERMERE?

SILVERMERE is located on ALEXANDRA ROAD in MAYFIELD, in the TN20 postcode district. The below map shows the position of SILVERMERE on ALEXANDRA ROAD.