Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
11 REEF WAY is a very large detached house of 153m². It was last sold for £410,000 in December 2021, which was around 27% below the average December 2021 detached price in the Wealden local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 11 REEF WAY since 1st 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 11 REEF WAY 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 |
---|---|---|---|
2021 3 DEC | £410,000 | £558,340 | ![]() 27% below HPI |
2013 20 DEC | £325,000 | £374,043 | ![]() 13% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 11 REEF WAY sales from December 2013 and December 2021 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 December 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
11 REEF WAY is 153m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 11 REEF WAY lies on this distribution: 89% of detached houses are smaller than 11 REEF WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
11 REEF WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 11 REEF WAY, 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 REEF WAY). 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.
11 REEF WAY is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 11 on REEF WAY.