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
12 THE CEDARS is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £160,000 in December 2012, which was around 55% below the average December 2012 detached price in the Wealden local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 12 THE CEDARS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 12 THE CEDARS 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 |
---|---|---|---|
2012 10 DEC | £160,000 | £352,645 | 55% below HPI |
2007 16 MAY | £164,000 | £340,684 | 52% below HPI |
2004 3 DEC | £171,000 | £312,260 | 45% below HPI |
2003 19 SEP | £163,000 | £292,123 | 44% below HPI |
2002 20 SEP | £135,000 | £261,939 | 48% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The five 12 THE CEDARS sales between September 2002 and December 2012 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 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2012 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.
12 THE CEDARS is 49m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 12 THE CEDARS lies on this distribution: Less than 1% of detached houses are smaller than 12 THE CEDARS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
12 THE CEDARS sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 12 THE CEDARS, 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 THE CEDARS). 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.
12 THE CEDARS is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 12 on THE CEDARS.