1, THE RUSSETS, ST LEONARDS-ON-SEA, TN37 7FA - £470,000

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 THE RUSSETS is a very large extended detached house of 182m². It was last sold for £470,000 in December 2016, which was around 29% above the average December 2016 detached price in the Hastings local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

1 THE RUSSETS Sold Prices

Land registry data shows two sales for 1 THE RUSSETS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 1 THE RUSSETS 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
2016 16 DEC	£470,000	£364,233	29% above HPI
2001 18 MAY	£170,000	£129,710	31% above HPI

1 THE RUSSETS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 1 THE RUSSETS sales from May 2001 and December 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 May 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 1 THE RUSSETS?

1 THE RUSSETS is 182m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% 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 THE RUSSETS lies on this distribution: 88% of detached houses are smaller than 1 THE RUSSETS, and 12% of houses are larger. Note that EPC data is not available for all properties in Hastings.

1 THE RUSSETS: Plot and Title Map

1 THE RUSSETS sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 THE RUSSETS, 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 THE RUSSETS). 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 THE RUSSETS?

1 THE RUSSETS is located in ST LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 1 on THE RUSSETS.