28, THE DRIVE, HAILSHAM, BN27 3HP - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 THE DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £421,415. It was last sold for £430,000 in September 2024, which was around 30% below the average September 2024 detached price in the Wealden local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

28 THE DRIVE Sold Prices

Land registry data shows four sales for 28 THE DRIVE since 1^st 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 28 THE DRIVE 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
2024 6 SEP	£430,000	£617,097	30% below HPI
2019 25 NOV	£325,000	£519,282	37% below HPI
2017 26 OCT	£335,000	£499,285	33% below HPI
1998 19 MAR	£82,000	£138,875	41% below HPI

28 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 28 THE DRIVE sales between March 1998 and September 2024 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 28 THE DRIVE be worth now?

28 THE DRIVE might now be worth an estimated £421,415.

This is based on house price deflation of 2%, between September 2024 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 28 THE DRIVE of £430,000 on 6th September 2024. For the value to have decreased from £430,000 to £421,415 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 28 THE DRIVE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The September 2024 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE DRIVE has not materially changed since September 2024.

How Large is 28 THE DRIVE?

28 THE DRIVE is 76m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hailsham, and where 28 THE DRIVE lies on this distribution: 13% of detached houses houses are smaller than 28 THE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

28 THE DRIVE: Plot and Title Map

28 THE DRIVE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 28 THE DRIVE, 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 28 THE DRIVE). 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 28 THE DRIVE?

28 THE DRIVE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 28 on THE DRIVE.