24B, MEADOW WAY, FAIRLIGHT, HASTINGS, TN35 4BN - £390,000

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

24B MEADOW WAY is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £390,000 in September 2023, which was around 30% below the average September 2023 detached price in the Rother local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

24B MEADOW WAY Sold Prices

Land registry data shows three sales for 24B MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the three 24B MEADOW 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
2023 22 SEP	£390,000	£556,550	30% below HPI
2022 25 AUG	£400,000	£585,495	32% below HPI
2018 23 MAY	£330,000	£441,661	25% below HPI

24B MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The three 24B MEADOW WAY sales between May 2018 and September 2023 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 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24B MEADOW WAY?

24B MEADOW WAY is 75m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses by size in Fairlight Cove, and where 24B MEADOW WAY lies on this distribution: 11% of detached houses are smaller than 24B MEADOW WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

24B MEADOW WAY: Plot and Title Map

24B MEADOW WAY sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 24B MEADOW 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 24B MEADOW 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 24B MEADOW WAY?

24B MEADOW WAY is located in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of No. 24B on MEADOW WAY.