11, MARKET PLACE, HAILSHAM, BN27 2PY - £232,500

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.

11 MARKET PLACE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £304,482. It was last sold for £232,500 in May 2016, which was around 50% below the average May 2016 detached price in the Wealden local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

11 MARKET PLACE Sold Prices

Land registry data shows four sales for 11 MARKET PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 11 MARKET PLACE 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 16 MAY	£232,500	£461,802	50% below HPI
2010 9 JUL	£184,000	£371,897	51% below HPI
2005 5 AUG	£170,000	£330,344	49% below HPI
2002 19 AUG	£139,000	£258,004	46% below HPI

11 MARKET PLACE 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 four 11 MARKET PLACE sales between August 2002 and May 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 July 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2016 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 11 MARKET PLACE be worth now?

11 MARKET PLACE might now be worth an estimated £304,482.

This is based on house price inflation of 31%, between May 2016 and February 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 31% inflationary increase is applied to the most recent sale price for 11 MARKET PLACE of £232,500 on 16th May 2016. For the value to have increased from £232,500 to £304,482 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 11 MARKET PLACE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2016 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 11 MARKET PLACE has not materially changed since May 2016.

How Large is 11 MARKET PLACE?

11 MARKET PLACE is 71m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hailsham, and where 11 MARKET PLACE lies on this distribution: 8% of detached houses houses are smaller than 11 MARKET PLACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

11 MARKET PLACE: Plot and Title Map

11 MARKET PLACE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 11 MARKET PLACE, 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 11 MARKET PLACE). 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 11 MARKET PLACE?

11 MARKET PLACE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 11 on MARKET PLACE.