SUMMERFIELD, VINES CROSS ROAD, HORAM, HEATHFIELD, TN21 0HE - £1,030,000

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

SUMMERFIELD is a very large extended detached house of 232m², built sometime between 1950 and 1966. It was last sold for £1,030,000 in October 2022, which was around 65% above the average October 2022 detached price in the Wealden local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

SUMMERFIELD Sold Prices

Land registry data shows three sales for SUMMERFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three SUMMERFIELD 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
2022 28 OCT	£1,030,000	£622,554	65% above HPI
2010 29 JUL	£590,000	£358,955	64% above HPI
2001 11 JUN	£385,000	£210,188	83% above HPI

SUMMERFIELD 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 three SUMMERFIELD sales between June 2001 and October 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 July 2010 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the October 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is SUMMERFIELD?

SUMMERFIELD is 232m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Horam, based on EPC data. The below chart shows the distribution of detached houses by size in Horam, and where SUMMERFIELD lies on this distribution: 96% of detached houses are smaller than SUMMERFIELD, and 4% of houses are larger. Note that EPC data is not available for all properties in Horam.

SUMMERFIELD: Plot and Title Map

SUMMERFIELD sits on a plot of roughly 1.3 acres, or 5,118m². The below map shows the location of SUMMERFIELD, 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 SUMMERFIELD). 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 SUMMERFIELD?

SUMMERFIELD is located on VINES CROSS ROAD in HORAM, in the TN21 postcode district. The below map shows the position of SUMMERFIELD on VINES CROSS ROAD.