Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 SOLWAY is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2020, which was around 48% below the average February 2020 detached price in the Wealden local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 24 SOLWAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 24 SOLWAY 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 |
---|---|---|---|
2020 7 FEB | £250,000 | £483,459 | 48% below HPI |
2019 29 NOV | £265,000 | £501,211 | 47% below HPI |
2013 25 OCT | £228,000 | £375,283 | 39% below HPI |
2000 28 JUL | £105,000 | £187,109 | 44% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 24 SOLWAY sales between July 2000 and February 2020 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 November 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
24 SOLWAY is 66m² according to the EPC inspection conducted in December 2019. 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 24 SOLWAY lies on this distribution: 6% of detached houses are smaller than 24 SOLWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
24 SOLWAY sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 24 SOLWAY, 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 SOLWAY). 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.
24 SOLWAY is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 24 on SOLWAY.