STEPS HOUSE, FLETCHING STREET, MAYFIELD, TN20 6TH - £1,430,000

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

STEPS HOUSE is a very large extended detached house of 265m², built sometime between 2003 and 2006. It was last sold for £1,430,000 in March 2021, which was around 175% above the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

STEPS HOUSE Sold Prices

Land registry data shows two sales for STEPS HOUSE 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 STEPS HOUSE 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 1 MAR	£1,430,000	£520,343	175% above HPI
1995 8 MAR	£150,000	£107,453	40% above HPI

STEPS HOUSE 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 STEPS HOUSE sales from March 1995 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 March 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2021 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

How Large is STEPS HOUSE?

STEPS HOUSE is 265m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 STEPS HOUSE lies on this distribution: 89% of detached houses are smaller than STEPS HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

STEPS HOUSE: Plot and Title Map

STEPS HOUSE sits on a plot of roughly 0.335 of an acre, or 1,354m². The below map shows the location of STEPS HOUSE, 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 STEPS HOUSE). 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 STEPS HOUSE?

STEPS HOUSE is located on FLETCHING STREET in MAYFIELD, in the TN20 postcode district. The below map shows the position of STEPS HOUSE on FLETCHING STREET.