THE ELMS, COLLINGWOOD RISE, HEATHFIELD, TN21 8DL - £511,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE ELMS is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £511,500 in June 2016, which was around 13% above the average June 2016 detached price in the Wealden local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS 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
2016 23 JUN	£511,500	£453,997	13% above HPI
2007 15 NOV	£300,000	£370,977	19% below HPI

THE ELMS 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 THE ELMS sales from November 2007 and June 2016 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 November 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE ELMS?

THE ELMS is 139m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where THE ELMS lies on this distribution: 71% of detached houses are smaller than THE ELMS, and 28% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on COLLINGWOOD RISE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of THE ELMS on COLLINGWOOD RISE.