PRIMROSE COTTAGE, FIVE ASHES, MAYFIELD, TN20 6HY - £360,000

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.

PRIMROSE COTTAGE is a very small detached house of 109m², built sometime before 1900, which could now be worth an estimated £509,261. It was last sold for £360,000 in December 2014, which was around 14% below the average December 2014 detached price in the Wealden local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.

PRIMROSE COTTAGE Sold Prices

Land registry data shows three sales for PRIMROSE COTTAGE since 1^st 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. All of the three PRIMROSE COTTAGE 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
2014 17 DEC	£360,000	£416,613	14% below HPI
2009 14 AUG	£322,500	£335,813	4% below HPI
2003 15 AUG	£292,000	£300,438	3% below HPI

PRIMROSE 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 PRIMROSE COTTAGE sales between August 2003 and December 2014 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 August 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might PRIMROSE COTTAGE be worth now?

PRIMROSE COTTAGE might now be worth an estimated £509,261.

This is based on house price inflation of 41.5%, between December 2014 and May 2026, 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 41.5% inflationary increase is applied to the most recent sale price for PRIMROSE COTTAGE of £360,000 on 17th December 2014. For the value to have increased from £360,000 to £509,261 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of PRIMROSE COTTAGE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of PRIMROSE COTTAGE has not materially changed since December 2014.

How Large is PRIMROSE COTTAGE?

PRIMROSE COTTAGE is 109m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Five Ashes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Five Ashes, and where PRIMROSE COTTAGE lies on this distribution: 12% of detached houses houses are smaller than PRIMROSE COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Five Ashes.

PRIMROSE COTTAGE: Plot and Title Map

PRIMROSE COTTAGE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of PRIMROSE 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 PRIMROSE 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 PRIMROSE COTTAGE?

PRIMROSE COTTAGE is located in FIVE ASHES, in the TN20 postcode district. The below map shows the position of PRIMROSE COTTAGE in FIVE ASHES.