2, THE GROVE, HAILSHAM, BN27 3HU - £640,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 THE GROVE is a very large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £640,000 in October 2023, which was around 8% above the average October 2023 detached price in the Wealden local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 THE GROVE Sold Prices

Land registry data shows two sales for 2 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. One of the two 2 THE GROVE sales was for above the average price, whilst the other was 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 6 OCT	£640,000	£590,632	8% above HPI
2017 24 MAR	£460,000	£469,883	2% below HPI

2 THE GROVE 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 two 2 THE GROVE sales from March 2017 and October 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 March 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 THE GROVE?

2 THE GROVE is 161m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 THE GROVE lies on this distribution: 91% of detached houses are smaller than 2 THE GROVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

2 THE GROVE: Plot and Title Map

2 THE GROVE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 2 THE GROVE, 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 GROVE). 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 GROVE?

2 THE GROVE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 2 on THE GROVE.