23, MARE BAY CLOSE, ST. LEONARDS-ON-SEA, TN38 8EQ - £155,000

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

23 MARE BAY CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £155,000 in November 2000, which was around 29% above the average November 2000 detached price in the Hastings local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

23 MARE BAY CLOSE Sold Prices

Land registry data shows two sales for 23 MARE BAY CLOSE 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 23 MARE BAY CLOSE sales were for above 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
2000 13 NOV	£155,000	£120,308	29% above HPI
1996 29 FEB	£102,000	£68,170	50% above HPI

23 MARE BAY CLOSE 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 23 MARE BAY CLOSE sales from February 1996 and November 2000 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 February 1996 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2000 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 23 MARE BAY CLOSE?

23 MARE BAY CLOSE is 117m² according to the EPC inspection conducted in May 2015. This puts it in the largest 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 23 MARE BAY CLOSE lies on this distribution: 57% of detached houses are smaller than 23 MARE BAY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hastings.

23 MARE BAY CLOSE: Plot and Title Map

23 MARE BAY CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 23 MARE BAY CLOSE, 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 23 MARE BAY CLOSE). 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 23 MARE BAY CLOSE?

23 MARE BAY CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 23 on MARE BAY CLOSE.