12, PARK WAY, HASTINGS, TN34 2PJ - £377,500

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.

12 PARK WAY is a small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £334,931. It was last sold for £377,500 in September 2022, which was around 33% below the average September 2022 detached price in the Hastings local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

12 PARK WAY Sold Prices

Land registry data shows three sales for 12 PARK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the three 12 PARK 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
2022 28 SEP	£377,500	£559,888	33% below HPI
2006 18 DEC	£199,950	£247,984	19% below HPI
2001 25 APR	£110,000	£131,533	16% below HPI

12 PARK WAY 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 three 12 PARK WAY sales between April 2001 and September 2022 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 PARK WAY be worth now?

12 PARK WAY might now be worth an estimated £334,931.

This is based on house price deflation of 11.3%, between September 2022 and March 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 11.3% deflationary decrease is applied to the most recent sale price for 12 PARK WAY of £377,500 on 28th September 2022. For the value to have decreased from £377,500 to £334,931 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 12 PARK WAY has moved in line with the HPI for detached houses in the Hastings local authority area.
• The September 2022 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK WAY has not materially changed since September 2022.

How Large is 12 PARK WAY?

12 PARK WAY is 96m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% 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 PARK WAY lies on this distribution: 36% of detached houses houses are smaller than 12 PARK WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Hastings.

12 PARK WAY: Plot and Title Map

12 PARK WAY sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 12 PARK 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 12 PARK 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.

Where is 12 PARK WAY?

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