12, OAKWOOD CLOSE, HASTINGS, TN34 2JF - £305,000

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.

12 OAKWOOD CLOSE is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £365,192. It was last sold for £305,000 in September 2019, which was around 25% below the average September 2019 detached price in the Hastings local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

12 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 12 OAKWOOD CLOSE 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 12 OAKWOOD 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
2019 6 SEP	£305,000	£408,438	25% below HPI
2015 29 JAN	£234,950	£291,052	19% below HPI

12 OAKWOOD CLOSE 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 12 OAKWOOD CLOSE sales from January 2015 and September 2019 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 OAKWOOD CLOSE be worth now?

12 OAKWOOD CLOSE might now be worth an estimated £365,192.

This is based on house price inflation of 19.7%, between September 2019 and February 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 12 OAKWOOD CLOSE of £305,000 on 6th September 2019. For the value to have increased from £305,000 to £365,192 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The September 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAKWOOD CLOSE has not materially changed since September 2019.

How Large is 12 OAKWOOD CLOSE?

12 OAKWOOD CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 12 OAKWOOD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 OAKWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hastings.

12 OAKWOOD CLOSE: Plot and Title Map

12 OAKWOOD CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 12 OAKWOOD 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 12 OAKWOOD 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 12 OAKWOOD CLOSE?

12 OAKWOOD CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 12 on OAKWOOD CLOSE.