22, MILLENNIUM WAY, HEATHFIELD, TN21 0FQ - £325,000

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.

22 MILLENNIUM WAY is a very small semi-detached house of 69m², which could now be worth an estimated £310,170. It was last sold for £325,000 in October 2022, which was around 13% below the average October 2022 semi-detached price in the Wealden local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

22 MILLENNIUM WAY Sold Prices

Land registry data shows two sales for 22 MILLENNIUM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. Both of the two 22 MILLENNIUM WAY 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
2022 19 OCT	£325,000	£374,357	13% below HPI
2018 30 JUN	£270,000	£294,269	8% below HPI

22 MILLENNIUM WAY 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 two 22 MILLENNIUM WAY sales from June 2018 and October 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 June 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 22 MILLENNIUM WAY be worth now?

22 MILLENNIUM WAY might now be worth an estimated £310,170.

This is based on house price deflation of 4.6%, between October 2022 and March 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 4.6% deflationary decrease is applied to the most recent sale price for 22 MILLENNIUM WAY of £325,000 on 19th October 2022. For the value to have decreased from £325,000 to £310,170 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 22 MILLENNIUM WAY has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The October 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MILLENNIUM WAY has not materially changed since October 2022.

How Large is 22 MILLENNIUM WAY?

22 MILLENNIUM WAY is 69m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Heathfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heathfield, and where 22 MILLENNIUM WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 22 MILLENNIUM WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

22 MILLENNIUM WAY: Plot and Title Map

22 MILLENNIUM WAY sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 22 MILLENNIUM WAY, 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 22 MILLENNIUM WAY). 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 22 MILLENNIUM WAY?

22 MILLENNIUM WAY is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 22 on MILLENNIUM WAY.