MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS - £470,000

Based on the May 2024 Price Paid Data (released on 28 June 2024), the April 2024 House Price Index (released on 19 June 2024), and the May 2024 Energy Performance of Buildings Data (released on 21 June 2024). Sources

MAGNOLIA COTTAGE is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £470,000 in September 2020, which was around 8% below the average September 2020 detached price in the Wealden local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows three sales for MAGNOLIA COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. One of the three MAGNOLIA COTTAGE sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2020
18 SEP
£470,000£511,908
down arrow
8% below HPI
2001
30 MAY
£232,000£207,193
up arrow
12% above HPI
1999
21 OCT
£225,000£165,667
up arrow
36% above HPI

MAGNOLIA 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 three MAGNOLIA COTTAGE sales between October 1999 and September 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 May 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS: Price paid vs HM Land Registry's House Price Index

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Wadhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Wadhurst, and where MAGNOLIA COTTAGE lies on this distribution: 21% of detached houses are smaller than MAGNOLIA COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wadhurst.

MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS: Size of property relative to detached houses in Wadhurst

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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.

MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS: Plot and title map

Where is MAGNOLIA COTTAGE?

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

MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS: Location map and indicative extent of plot

All sales of detached houses on TURNERS GREEN LANE

HIGHLEA, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
2023
1 SEP
£1,100,000
MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
2020
18 SEP
£470,000
HIGHLEA, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
2006
31 MAR
£575,000
MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
2001
30 MAY
£232,000
MAGNOLIA COTTAGE, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
1999
21 OCT
£225,000
GRASSHOPPERS, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
1999
7 JUL
£305,000
GRASSHOPPERS, TURNERS GREEN LANE, SPARROWS GREEN, WADHURST, TN5 6TS
1996
27 NOV
£220,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.