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
2B WAITES LANE is a large extended detached house of 137m², built sometime between 2003 and 2006. It was last sold for £482,000 in March 2021, which was around 3% below the average March 2021 detached price in the Rother local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2B WAITES LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. One of the two 2B WAITES LANE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2021 3 MAR | £482,000 | £498,741 | 3% below HPI |
2006 20 DEC | £335,000 | £306,226 | 9% above HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two 2B WAITES LANE sales from December 2006 and March 2021 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 December 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
2B WAITES LANE is 137m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 2B WAITES LANE lies on this distribution: 74% of detached houses are smaller than 2B WAITES LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.
2B WAITES LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2B WAITES LANE, 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 2B WAITES LANE). 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.
2B WAITES LANE is located in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of No. 2B on WAITES LANE.