24, GRESHAM WAY, ST LEONARDS-ON-SEA, TN38 0UE - £243,000

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

24 GRESHAM WAY is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £243,000 in March 2009, which was around 9% above the average March 2009 detached price in the Hastings local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

24 GRESHAM WAY Sold Prices

Land registry data shows two sales for 24 GRESHAM WAY 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. One of the two 24 GRESHAM WAY 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
2009 5 MAR	£243,000	£223,098	9% above HPI
1999 26 MAR	£84,500	£94,718	11% below HPI

24 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 two 24 GRESHAM WAY sales from March 1999 and March 2009 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2009 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 24 GRESHAM WAY?

24 GRESHAM WAY is 89m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 24 GRESHAM WAY lies on this distribution: 29% of detached houses are smaller than 24 GRESHAM WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Hastings.

24 GRESHAM WAY: Plot and Title Map

24 GRESHAM WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 24 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 24 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 24 GRESHAM WAY?

24 GRESHAM WAY is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 24 on GRESHAM WAY.