2, OLD MILL CLOSE, HAILSHAM, BN27 3BD - £450,000

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 OLD MILL CLOSE is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £450,000 in July 2022, which was around 24% below the average July 2022 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

2 OLD MILL CLOSE Sold Prices

Land registry data shows three sales for 2 OLD MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 2 OLD MILL 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
2022 14 JUL	£450,000	£595,688	24% below HPI
2020 29 OCT	£310,000	£519,432	40% below HPI
1999 21 MAY	£108,500	£149,284	27% below HPI

2 OLD MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 2 OLD MILL CLOSE sales between May 1999 and July 2022 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 October 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 OLD MILL CLOSE?

2 OLD MILL CLOSE is 100m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 OLD MILL CLOSE lies on this distribution: 41% of detached houses are smaller than 2 OLD MILL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

2 OLD MILL CLOSE: Plot and Title Map

2 OLD MILL CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 OLD MILL 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 2 OLD MILL 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.

Where is 2 OLD MILL CLOSE?

2 OLD MILL CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 2 on OLD MILL CLOSE.