WOOD COTTAGE, POOK REED LANE, HEATHFIELD, TN21 0AU - £1,250,000

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.

WOOD COTTAGE is a very large extended detached house of 395m², built sometime between 1900 and 1929, which could now be worth an estimated £1,524,894. It was last sold for £1,250,000 in May 2017, which was around 155% above the average May 2017 detached price in the Wealden local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

WOOD COTTAGE Sold Prices

Land registry data shows two sales for WOOD COTTAGE 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 WOOD COTTAGE 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
2017 5 MAY	£1,250,000	£489,421	155% above HPI
2012 23 APR	£950,000	£357,111	166% above HPI

WOOD 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 two WOOD COTTAGE sales from April 2012 and May 2017 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 April 2012 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the May 2017 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

What might WOOD COTTAGE be worth now?

WOOD COTTAGE might now be worth an estimated £1,524,894.

This is based on house price inflation of 22%, between May 2017 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 22% inflationary increase is applied to the most recent sale price for WOOD COTTAGE of £1,250,000 on 5th May 2017. For the value to have increased from £1,250,000 to £1,524,894 over the eight years and two months to March 2025, the following assumptions must hold true:

• The value of WOOD COTTAGE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2017 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD COTTAGE has not materially changed since May 2017.

How Large is WOOD COTTAGE?

WOOD COTTAGE is 395m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heathfield, and where WOOD COTTAGE lies on this distribution: More than 99% of detached houses houses are smaller than WOOD COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

WOOD COTTAGE: Plot and Title Map

WOOD COTTAGE sits on a plot of roughly 0.894 of an acre, or 3,617m². The below map shows the location of WOOD 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 WOOD 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 WOOD COTTAGE?

WOOD COTTAGE is located on POOK REED LANE in HEATHFIELD, in the TN21 postcode district. The below map shows the position of WOOD COTTAGE on POOK REED LANE.