THE OAKS, COUSLEY WOOD ROAD, SPARROWS GREEN, WADHURST, TN5 6DX - £645,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

THE OAKS is a large detached house of 189m². It was last sold for £645,000 in April 2017, which was around 37% above the average April 2017 detached price in the Wealden local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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 OAKS 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
2017 19 APR	£645,000	£472,501	37% above HPI
2015 12 JUN	£640,000	£406,948	57% above HPI

THE OAKS 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 OAKS sales from June 2015 and April 2017 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 June 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE OAKS?

THE OAKS is 189m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where THE OAKS lies on this distribution: 64% of detached houses are smaller than THE OAKS, and 35% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on COUSLEY WOOD ROAD in SPARROWS GREEN, in the TN5 postcode district. The below map shows the position of THE OAKS on COUSLEY WOOD ROAD.