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
VERNON HOUSE is a very large extended detached house of 228m², built sometime between 1900 and 1929. It was last sold for £700,000 in September 2021, which was around 28% above the average September 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for VERNON HOUSE since 1st 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 VERNON HOUSE 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 |
---|---|---|---|
2021 30 SEP | £700,000 | £545,506 | 28% above HPI |
2010 12 NOV | £620,000 | £359,053 | 73% above HPI |
2002 13 DEC | £385,000 | £274,670 | 40% above HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three VERNON HOUSE sales between December 2002 and September 2021 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 November 2010 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
VERNON HOUSE is 228m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Buxted, based on EPC data. The below chart shows the distribution of detached houses by size in Buxted, and where VERNON HOUSE lies on this distribution: 92% of detached houses are smaller than VERNON HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Buxted.
VERNON HOUSE sits on a plot of roughly 0.290 of an acre, or 1,172m². The below map shows the location of VERNON HOUSE, 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 VERNON HOUSE). 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.
VERNON HOUSE is located on FRAMFIELD ROAD in BUXTED, in the TN22 postcode district. The below map shows the position of VERNON HOUSE on FRAMFIELD ROAD.