2, NEWTS WAY, ST LEONARDS-ON-SEA, TN38 9TH - £497,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 NEWTS WAY is a midsized extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £497,500 in February 2024, which was around 3% above the average February 2024 detached price in the Hastings local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 NEWTS WAY Sold Prices

Land registry data shows four sales for 2 NEWTS 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 Hastings local authority area for the corresponding sale date. two of the four 2 NEWTS WAY sales were for above the average price, and four 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
2024 9 FEB	£497,500	£483,814	3% above HPI
2017 18 JAN	£340,000	£366,563	7% below HPI
2013 13 FEB	£268,000	£244,202	10% above HPI
2001 19 DEC	£93,995	£144,182	35% below HPI

2 NEWTS 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 four 2 NEWTS WAY sales between December 2001 and February 2024 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 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 NEWTS WAY?

2 NEWTS WAY is 121m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 2 NEWTS WAY lies on this distribution: 60% of detached houses are smaller than 2 NEWTS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Hastings.

2 NEWTS WAY: Plot and Title Map

2 NEWTS WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 NEWTS 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 NEWTS 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 NEWTS WAY?

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