2, CHURCHWOOD WAY, ST LEONARDS-ON-SEA, TN38 9JW - £322,500

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.

2 CHURCHWOOD WAY is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £367,323. It was last sold for £322,500 in October 2020, which was around 26% below the average October 2020 detached price in the Hastings local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.

2 CHURCHWOOD WAY Sold Prices

Land registry data shows two sales for 2 CHURCHWOOD 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. Both of the two 2 CHURCHWOOD 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
2020 9 OCT	£322,500	£436,135	26% below HPI
2014 22 APR	£200,000	£283,528	29% below HPI

2 CHURCHWOOD 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 2 CHURCHWOOD WAY sales from April 2014 and October 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 April 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 CHURCHWOOD WAY be worth now?

2 CHURCHWOOD WAY might now be worth an estimated £367,323.

This is based on house price inflation of 13.9%, between October 2020 and March 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 13.9% inflationary increase is applied to the most recent sale price for 2 CHURCHWOOD WAY of £322,500 on 9th October 2020. For the value to have increased from £322,500 to £367,323 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 CHURCHWOOD WAY has moved in line with the HPI for detached houses in the Hastings local authority area.
• The October 2020 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHURCHWOOD WAY has not materially changed since October 2020.

How Large is 2 CHURCHWOOD WAY?

2 CHURCHWOOD WAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 2 CHURCHWOOD WAY lies on this distribution: 30% of detached houses houses are smaller than 2 CHURCHWOOD WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Hastings.

2 CHURCHWOOD WAY: Plot and Title Map

2 CHURCHWOOD WAY sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 2 CHURCHWOOD 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 2 CHURCHWOOD 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 2 CHURCHWOOD WAY?

2 CHURCHWOOD WAY is located in ST LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 2 on CHURCHWOOD WAY.