THE GEERINGS, GHYLL ROAD, HEATHFIELD, TN21 0AG - £250,000

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 GEERINGS is a small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £250,000 in September 2008, which was around 31% below the average September 2008 detached price in the Wealden local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

THE GEERINGS Sold Prices

Land registry data shows two sales for THE GEERINGS 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 THE GEERINGS sales were 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
2008 26 SEP	£250,000	£361,774	31% below HPI
1996 9 AUG	£78,000	£111,875	30% below HPI

THE GEERINGS 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 GEERINGS sales from August 1996 and September 2008 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 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2008 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE GEERINGS?

THE GEERINGS is 97m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 GEERINGS lies on this distribution: 30% of detached houses are smaller than THE GEERINGS, and 69% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

THE GEERINGS: Plot and Title Map

THE GEERINGS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of THE GEERINGS, 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 GEERINGS). 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 GEERINGS?

THE GEERINGS is located on GHYLL ROAD in HEATHFIELD, in the TN21 postcode district. The below map shows the position of THE GEERINGS on GHYLL ROAD.