2, THE DRIVE, ST LEONARDS-ON-SEA, TN38 0UR - £295,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 THE DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2024, which was around 41% below the average October 2024 detached price in the Hastings local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 THE DRIVE Sold Prices

Land registry data shows two sales for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 2 THE DRIVE 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
2024 16 OCT	£295,000	£497,231	41% below HPI
2001 1 AUG	£100,000	£140,879	29% below HPI

2 THE DRIVE 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 two 2 THE DRIVE sales from August 2001 and October 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 August 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 THE DRIVE?

2 THE DRIVE is 74m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 THE DRIVE lies on this distribution: 11% of detached houses are smaller than 2 THE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hastings.

2 THE DRIVE: Plot and Title Map

2 THE DRIVE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 2 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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