2, THE PADDOCKS, HAILSHAM, BN27 3AQ - £355,000

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 THE PADDOCKS is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £355,000 in August 2021, which was around 34% below the average August 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE PADDOCKS Sold Prices

Land registry data shows three sales for 2 THE PADDOCKS 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 THE PADDOCKS 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 11 AUG	£355,000	£539,113	34% below HPI
2017 21 AUG	£285,000	£480,482	41% below HPI
2015 30 OCT	£250,000	£436,921	43% below HPI

2 THE PADDOCKS 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 THE PADDOCKS sales between October 2015 and August 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 August 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 57m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 PADDOCKS lies on this distribution: 2% of detached houses are smaller than 2 THE PADDOCKS, and 98% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 2 THE PADDOCKS, 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 PADDOCKS). 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 PADDOCKS?

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