WOOD COTTAGE, POOK REED LANE, HEATHFIELD, TN21 0AU - £1,250,000

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

WOOD COTTAGE is a very large extended detached house of 395m², built sometime between 1900 and 1929. It was last sold for £1,250,000 in May 2017, which was around 165% above the average May 2017 detached price in the Wealden local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

WOOD COTTAGE Sold Prices

Land registry data shows two sales for WOOD COTTAGE since 1^st 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 WOOD COTTAGE 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
2017 5 MAY	£1,250,000	£472,390	165% above HPI
2012 23 APR	£950,000	£344,684	176% above HPI

WOOD COTTAGE 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 two WOOD COTTAGE sales from April 2012 and May 2017 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 April 2012 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the May 2017 sale, where it falls to 165% above the HPI. The line then continues to track at 165% above the HPI.

How Large is WOOD COTTAGE?

WOOD COTTAGE is 395m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where WOOD COTTAGE lies on this distribution: More than 99% of detached houses are smaller than WOOD COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

WOOD COTTAGE: Plot and Title Map

WOOD COTTAGE sits on a plot of roughly 0.894 of an acre, or 3,617m². The below map shows the location of WOOD COTTAGE, 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 WOOD COTTAGE). 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 WOOD COTTAGE?

WOOD COTTAGE is located on POOK REED LANE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of WOOD COTTAGE on POOK REED LANE.