THE HIVE, ROCHESTER WAY, CROWBOROUGH, TN6 2DR - £399,000

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

THE HIVE is a very large extended detached house of 257m², built sometime between 1976 and 1982. It was last sold for £399,000 in October 2014, which was around 2% below the average October 2014 detached price in the Wealden local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

THE HIVE Sold Prices

Land registry data shows three sales for THE HIVE 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 THE HIVE 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
2014 3 OCT	£399,000	£406,965	2% below HPI
2008 9 OCT	£305,000	£355,004	14% below HPI
2002 23 AUG	£185,000	£249,026	26% below HPI

THE HIVE 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 THE HIVE sales between August 2002 and October 2014 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE HIVE?

THE HIVE is 257m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where THE HIVE lies on this distribution: 95% of detached houses are smaller than THE HIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

THE HIVE: Plot and Title Map

THE HIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of THE HIVE, 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 HIVE). 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 HIVE?

THE HIVE is located on ROCHESTER WAY in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of THE HIVE on ROCHESTER WAY.