Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 MEADOW WAY is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2020, which was around 29% below the average September 2020 detached price in the Rother local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 18 MEADOW WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. One of the two 18 MEADOW WAY sales was for below the average price, whilst the other was roughly equal to 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 23 SEP | £325,000 | £459,331 | 29% below HPI |
1997 30 SEP | £112,000 | £111,479 | Close to HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two 18 MEADOW WAY sales from September 1997 and September 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 September 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
18 MEADOW WAY is 104m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 50% of detached houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses by size in Fairlight Cove, and where 18 MEADOW WAY lies on this distribution: 46% of detached houses are smaller than 18 MEADOW WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.
18 MEADOW WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 18 MEADOW 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 18 MEADOW 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.
18 MEADOW WAY is located in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of No. 18 on MEADOW WAY.