3, CHAILEY CLOSE, HASTINGS, TN34 2RG - £425,000

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

3 CHAILEY CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £425,000 in April 2024, which was around 13% below the average April 2024 detached price in the Hastings local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

3 CHAILEY CLOSE Sold Prices

Land registry data shows four sales for 3 CHAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the four 3 CHAILEY CLOSE 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 10 APR	£425,000	£490,056	13% below HPI
2020 8 OCT	£350,000	£422,522	17% below HPI
2015 3 JUL	£250,000	£296,668	16% below HPI
2001 20 SEP	£122,500	£141,634	14% below HPI

3 CHAILEY CLOSE 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 four 3 CHAILEY CLOSE sales between September 2001 and April 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 October 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 CHAILEY CLOSE?

3 CHAILEY CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 3 CHAILEY CLOSE lies on this distribution: 31% of detached houses are smaller than 3 CHAILEY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hastings.

3 CHAILEY CLOSE: Plot and Title Map

3 CHAILEY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 CHAILEY CLOSE, 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 3 CHAILEY CLOSE). 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 3 CHAILEY CLOSE?

3 CHAILEY CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 3 on CHAILEY CLOSE.