2, MEADOW WAY, FAIRLIGHT, HASTINGS, TN35 4BN - £510,000

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 MEADOW WAY is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £510,000 in July 2023, which was around 10% below the average July 2023 detached price in the Rother local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

2 MEADOW WAY Sold Prices

Land registry data shows four sales for 2 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four 2 MEADOW 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
2023 5 JUL	£510,000	£565,085	10% below HPI
2011 7 NOV	£285,000	£311,079	8% below HPI
2002 18 JUL	£179,950	£208,306	14% below HPI
1997 11 APR	£89,950	£104,832	14% below HPI

2 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four 2 MEADOW WAY sales between April 1997 and July 2023 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 109m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 2 MEADOW WAY lies on this distribution: 51% of detached houses are smaller than 2 MEADOW WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 2 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 2 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.

Where is 2 MEADOW WAY?

2 MEADOW WAY is located in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of No. 2 on MEADOW WAY.