1, PARK CLOSE, HAILSHAM, BN27 3HS - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARK CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2024, which was around 41% below the average May 2024 detached price in the Wealden local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

1 PARK CLOSE Sold Prices

Land registry data shows three sales for 1 PARK CLOSE 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 1 PARK 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
2024 24 MAY	£350,000	£596,494	41% below HPI
2008 10 NOV	£222,000	£349,393	36% below HPI
2003 5 MAR	£160,000	£287,228	44% below HPI

1 PARK CLOSE 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 1 PARK CLOSE sales between March 2003 and May 2024 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 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 PARK CLOSE?

1 PARK CLOSE is 71m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 1 PARK CLOSE lies on this distribution: 8% of detached houses are smaller than 1 PARK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

1 PARK CLOSE: Plot and Title Map

1 PARK CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 1 PARK 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 PARK 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.

Where is 1 PARK CLOSE?

1 PARK CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 1 on PARK CLOSE.