20, GRESHAM WAY, ST LEONARDS-ON-SEA, TN38 0UE - £415,000

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

20 GRESHAM WAY is a midsized detached house of 104m², built sometime between 1950 and 1966. It was last sold for £415,000 in September 2021, which was around 11% below the average September 2021 detached price in the Hastings local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

20 GRESHAM WAY Sold Prices

Land registry data shows four sales for 20 GRESHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the four 20 GRESHAM 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 23 SEP	£415,000	£468,542	11% below HPI
2019 16 AUG	£328,000	£405,002	19% below HPI
2017 24 JUL	£305,000	£372,298	18% below HPI
2013 14 OCT	£195,000	£252,912	23% below HPI

20 GRESHAM WAY 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 four 20 GRESHAM WAY sales between October 2013 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 August 2019 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 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 20 GRESHAM WAY?

20 GRESHAM WAY is 104m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 20 GRESHAM WAY lies on this distribution: 44% of detached houses are smaller than 20 GRESHAM WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Hastings.

20 GRESHAM WAY: Plot and Title Map

20 GRESHAM WAY sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 20 GRESHAM 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 20 GRESHAM 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.

Where is 20 GRESHAM WAY?

20 GRESHAM WAY is located in ST LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 20 on GRESHAM WAY.