15, VERMONT WAY, ST LEONARDS-ON-SEA, TN37 7TN - £425,000

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.

15 VERMONT WAY is a large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £497,059. It was last sold for £425,000 in May 2020, which was around 2% above the average May 2020 detached price in the Hastings local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 VERMONT WAY Sold Prices

Land registry data shows two sales for 15 VERMONT WAY 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. One of the two 15 VERMONT WAY sales was for above the average price, whilst the other was 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
2020 19 MAY	£425,000	£418,147	2% above HPI
1999 12 NOV	£45,000	£109,466	59% below HPI

15 VERMONT 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 two 15 VERMONT WAY sales from November 1999 and May 2020 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 November 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 15 VERMONT WAY be worth now?

15 VERMONT WAY might now be worth an estimated £497,059.

This is based on house price inflation of 17%, between May 2020 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 17% inflationary increase is applied to the most recent sale price for 15 VERMONT WAY of £425,000 on 19th May 2020. For the value to have increased from £425,000 to £497,059 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 15 VERMONT WAY has moved in line with the HPI for detached houses in the Hastings local authority area.
• The May 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 15 VERMONT WAY has not materially changed since May 2020.

How Large is 15 VERMONT WAY?

15 VERMONT WAY is 150m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 15 VERMONT WAY lies on this distribution: 78% of detached houses houses are smaller than 15 VERMONT WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Hastings.

15 VERMONT WAY: Plot and Title Map

15 VERMONT WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 15 VERMONT 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 VERMONT 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 15 VERMONT WAY?

15 VERMONT WAY is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 15 on VERMONT WAY.