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 SMUGGLERS WAY is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £430,000 in September 2021, which was around 17% below the average September 2021 detached price in the Rother local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 SMUGGLERS WAY since 1st 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 SMUGGLERS 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 |
---|---|---|---|
2021 20 SEP | £430,000 | £520,071 | 17% below HPI |
2012 31 JUL | £249,000 | £309,215 | 19% below HPI |
2007 12 APR | £250,000 | £303,424 | 18% below HPI |
2006 24 MAR | £201,000 | £286,897 | 30% below HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four 2 SMUGGLERS WAY sales between March 2006 and September 2021 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 July 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
2 SMUGGLERS WAY is 100m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 SMUGGLERS WAY lies on this distribution: 41% of detached houses are smaller than 2 SMUGGLERS WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.
2 SMUGGLERS WAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 SMUGGLERS 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 SMUGGLERS 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.
2 SMUGGLERS WAY is located in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of No. 2 on SMUGGLERS WAY.