THE OAKS, OLD STATION ROAD, WADHURST, TN5 6UA - £834,000

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 OAKS is a small extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £834,000 in May 2023, which was around 42% above the average May 2023 detached price in the Wealden local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows four sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 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
2023 24 MAY	£834,000	£587,889	42% above HPI
2002 15 AUG	£395,000	£249,026	59% above HPI
2000 21 JUL	£290,000	£187,109	55% above HPI
1995 11 AUG	£150,000	£110,383	36% 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 four THE OAKS sales between August 1995 and May 2023 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 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE OAKS?

THE OAKS is 132m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 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: 32% of detached houses are smaller than THE OAKS, and 67% 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 0.148 of an acre, or 597m². 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 OLD STATION ROAD in WADHURST, in the TN5 postcode district. The below map shows the position of THE OAKS on OLD STATION ROAD.