8, PAYNE CLOSE, CROWBOROUGH, TN6 2FH - £368,000

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.

8 PAYNE CLOSE is a small terraced house of 106m², which could now be worth an estimated £432,829. It was last sold for £368,000 in June 2020, which was around 47% above the average June 2020 terraced price in the Wealden local authority area. The most recent EPC inspection was November 2010, where the current energy rating was B, and the potential energy rating was B.

8 PAYNE CLOSE Sold Prices

Land registry data shows three sales for 8 PAYNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wealden local authority area for the corresponding sale date. All of the three 8 PAYNE CLOSE 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
2020 26 JUN	£368,000	£250,247	47% above HPI
2018 6 FEB	£370,000	£243,108	52% above HPI
2011 22 DEC	£248,750	£172,571	44% above HPI

8 PAYNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wealden local authority area over time, sourced from the HPI. The three 8 PAYNE CLOSE sales between December 2011 and June 2020 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 February 2018 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 8 PAYNE CLOSE be worth now?

8 PAYNE CLOSE might now be worth an estimated £432,829.

This is based on house price inflation of 17.6%, between June 2020 and June 2025, for terraced 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 17.6% inflationary increase is applied to the most recent sale price for 8 PAYNE CLOSE of £368,000 on 26th June 2020. For the value to have increased from £368,000 to £432,829 over the five years to June 2025, the following assumptions must hold true:

• The value of 8 PAYNE CLOSE has moved in line with the HPI for terraced houses in the Wealden local authority area.
• The June 2020 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PAYNE CLOSE has not materially changed since June 2020.

How Large is 8 PAYNE CLOSE?

8 PAYNE CLOSE is 106m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of terraced houses houses in Crowborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crowborough, and where 8 PAYNE CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 8 PAYNE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

8 PAYNE CLOSE: Plot and Title Map

8 PAYNE CLOSE sits on a plot of roughly 1.3 acres, or 5,152m². The below map shows the location of 8 PAYNE CLOSE, 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 8 PAYNE CLOSE). 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 8 PAYNE CLOSE?

8 PAYNE CLOSE is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 8 on PAYNE CLOSE.