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
15 GILBERT WAY is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2016, which was around 26% below the average August 2016 detached price in the Wealden local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 15 GILBERT WAY 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 15 GILBERT 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 |
---|---|---|---|
2016 11 AUG | £350,000 | £471,746 | 26% below HPI |
2007 16 MAR | £250,000 | £347,216 | 28% below HPI |
2003 27 FEB | £229,950 | £286,764 | 20% below HPI |
1998 25 JUN | £114,000 | £141,365 | 19% below HPI |
1996 28 JUN | £101,000 | £105,958 | 5% 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 15 GILBERT WAY sales between June 1996 and August 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 March 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
15 GILBERT WAY is 122m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 15 GILBERT WAY lies on this distribution: 67% of detached houses are smaller than 15 GILBERT WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
15 GILBERT WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 15 GILBERT 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 15 GILBERT 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.
15 GILBERT WAY is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 15 on GILBERT WAY.