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
VERRAL KING is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £250,000 in August 2011, which was around 28% below the average August 2011 detached price in the Wealden local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for VERRAL KING since 1st 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 VERRAL KING 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 |
---|---|---|---|
2011 19 AUG | £250,000 | £346,145 | 28% below HPI |
2009 13 NOV | £250,000 | £338,753 | 26% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two VERRAL KING sales from November 2009 and August 2011 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 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
VERRAL KING is 56m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where VERRAL KING lies on this distribution: Less than 1% of detached houses are smaller than VERRAL KING, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.
VERRAL KING sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of VERRAL KING, 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 VERRAL KING). 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.
VERRAL KING is located on MOUNT PLEASANT in WADHURST, in the TN5 postcode district. The below map shows the position of VERRAL KING on MOUNT PLEASANT.