VIRTUS, SANDY CROSS, HEATHFIELD, TN21 8BS - £370,000

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

VIRTUS is a midsized extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £370,000 in February 2019, which was around 24% below the average February 2019 detached price in the Wealden local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

VIRTUS Sold Prices

Land registry data shows five sales for VIRTUS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five VIRTUS 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
2019 18 FEB	£370,000	£489,364	24% below HPI
2014 1 JUL	£338,000	£381,045	11% below HPI
2006 14 MAR	£278,000	£317,384	12% below HPI
2004 3 SEP	£249,950	£314,998	21% below HPI
2001 5 DEC	£140,000	£213,498	34% below HPI

VIRTUS 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 five VIRTUS sales between December 2001 and February 2019 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 July 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is VIRTUS?

VIRTUS is 125m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 40% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where VIRTUS lies on this distribution: 60% of detached houses are smaller than VIRTUS, and 40% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

VIRTUS: Plot and Title Map

VIRTUS sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of VIRTUS, 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 VIRTUS). 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 VIRTUS?

VIRTUS is located in SANDY CROSS, in the TN21 postcode district. The below map shows the position of VIRTUS in SANDY CROSS.