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
19 MELROSE CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2020, which was around 38% below the average February 2020 detached price in the Wealden local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 19 MELROSE CLOSE 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 19 MELROSE CLOSE 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 |
---|---|---|---|
2020 14 FEB | £300,000 | £483,459 | 38% below HPI |
2014 9 JAN | £225,000 | £371,021 | 39% below HPI |
2007 22 JUN | £220,000 | £349,755 | 37% below HPI |
1997 22 SEP | £88,000 | £126,758 | 31% below HPI |
1996 6 SEP | £79,950 | £113,219 | 29% 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 19 MELROSE CLOSE sales between September 1996 and February 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 January 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
19 MELROSE CLOSE is 83m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 19 MELROSE CLOSE lies on this distribution: 19% of detached houses are smaller than 19 MELROSE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
19 MELROSE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 19 MELROSE CLOSE, 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 19 MELROSE CLOSE). 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.
19 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 19 on MELROSE CLOSE.