THE WELLS, GARDNER STREET, HERSTMONCEUX, HAILSHAM, BN27 4LG - £505,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE WELLS is a very large extended semi-detached house of 154m², built sometime before 1900, which could now be worth an estimated £514,257. It was last sold for £505,000 in May 2022, which was around 43% above the average May 2022 semi-detached price in the Wealden local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

THE WELLS Sold Prices

Land registry data shows four sales for THE WELLS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. All of the four THE WELLS 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
2022 20 MAY	£505,000	£353,111	43% above HPI
2014 2 MAY	£260,000	£226,491	15% above HPI
2006 23 FEB	£305,000	£196,442	55% above HPI
1998 27 FEB	£160,000	£78,649	103% above HPI

THE WELLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wealden local authority area over time, sourced from the HPI. The four THE WELLS sales between February 1998 and May 2022 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 May 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might THE WELLS be worth now?

THE WELLS might now be worth an estimated £514,257.

This is based on house price inflation of 1.8%, between May 2022 and February 2025, for semi-detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for THE WELLS of £505,000 on 20th May 2022. For the value to have increased from £505,000 to £514,257 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of THE WELLS has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The May 2022 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of THE WELLS has not materially changed since May 2022.

How Large is THE WELLS?

THE WELLS is 154m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of semi-detached houses houses in Herstmonceux, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Herstmonceux, and where THE WELLS lies on this distribution: 84% of semi-detached houses houses are smaller than THE WELLS, and 16% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

THE WELLS: Plot and Title Map

THE WELLS sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of THE WELLS, 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 WELLS). 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 WELLS?

THE WELLS is located on GARDNER STREET in HERSTMONCEUX, in the BN27 postcode district. The below map shows the position of THE WELLS on GARDNER STREET.