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
2 GROVELANDS ROAD is a large extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £283,000 in January 2015, which was around 30% below the average January 2015 detached price in the Wealden local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 GROVELANDS ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 2 GROVELANDS ROAD 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 |
---|---|---|---|
2015 5 JAN | £283,000 | £401,767 | 30% below HPI |
2014 17 JUN | £237,500 | £375,756 | 37% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 2 GROVELANDS ROAD sales from June 2014 and January 2015 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 June 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
2 GROVELANDS ROAD is 117m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 2 GROVELANDS ROAD lies on this distribution: 61% of detached houses are smaller than 2 GROVELANDS ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
2 GROVELANDS ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 GROVELANDS ROAD, 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 GROVELANDS ROAD). 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.
2 GROVELANDS ROAD is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 2 on GROVELANDS ROAD.