Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 FARMLANDS CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2016, which was around 12% below the average July 2016 detached price in the Hastings local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 1 FARMLANDS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the five 1 FARMLANDS CLOSE 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 |
---|---|---|---|
2016 14 JUL | £295,000 | £334,242 | 12% below HPI |
2011 18 NOV | £187,500 | £244,295 | 23% below HPI |
2004 12 MAR | £186,000 | £216,923 | 14% below HPI |
1999 17 DEC | £93,000 | £103,377 | 10% below HPI |
1996 14 JUN | £65,000 | £69,486 | 6% below HPI |
The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The five 1 FARMLANDS CLOSE sales between June 1996 and July 2016 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 November 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
1 FARMLANDS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 1 FARMLANDS CLOSE lies on this distribution: 32% of detached houses are smaller than 1 FARMLANDS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hastings.
1 FARMLANDS CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 FARMLANDS 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 1 FARMLANDS 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.
1 FARMLANDS CLOSE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 1 on FARMLANDS CLOSE.