HOLLYCROFT, TURNERS GREEN, SPARROWS GREEN, WADHURST, TN5 6TU - £725,000

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.

HOLLYCROFT is a small detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £742,214. It was last sold for £725,000 in February 2022, which was around 24% above the average February 2022 detached price in the Wealden local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

HOLLYCROFT Sold Prices

Land registry data shows two sales for HOLLYCROFT 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 HOLLYCROFT 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
2022 10 FEB	£725,000	£583,205	24% above HPI
2012 15 JUN	£370,000	£362,642	2% above HPI

HOLLYCROFT 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 HOLLYCROFT sales from June 2012 and February 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might HOLLYCROFT be worth now?

HOLLYCROFT might now be worth an estimated £742,214.

This is based on house price inflation of 2.4%, between February 2022 and March 2025, for 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 2.4% inflationary increase is applied to the most recent sale price for HOLLYCROFT of £725,000 on 10th February 2022. For the value to have increased from £725,000 to £742,214 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of HOLLYCROFT has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLYCROFT has not materially changed since February 2022.

How Large is HOLLYCROFT?

HOLLYCROFT is 123m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadhurst, and where HOLLYCROFT lies on this distribution: 25% of detached houses houses are smaller than HOLLYCROFT, and 75% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

HOLLYCROFT: Plot and Title Map

HOLLYCROFT sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of HOLLYCROFT, 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 HOLLYCROFT). 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 HOLLYCROFT?

HOLLYCROFT is located on TURNERS GREEN in SPARROWS GREEN, in the TN5 postcode district. The below map shows the position of HOLLYCROFT on TURNERS GREEN.