3, FERNLEA CLOSE, WESTFIELD, HASTINGS, TN35 4QQ - £335,000

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 FERNLEA CLOSE is a small detached house of 108m², built sometime between 1950 and 1966. It was last sold for £335,000 in February 2008, which was around 3% above the average February 2008 detached price in the Rother local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

3 FERNLEA CLOSE Sold Prices

Land registry data shows three sales for 3 FERNLEA CLOSE 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. One of the three 3 FERNLEA CLOSE sales was for above the average price, whilst two 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
2008 20 FEB	£335,000	£325,006	3% above HPI
2003 28 NOV	£249,500	£266,689	6% below HPI
2000 4 DEC	£139,500	£168,898	17% below HPI

3 FERNLEA CLOSE 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 3 FERNLEA CLOSE sales between December 2000 and February 2008 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2008 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 FERNLEA CLOSE?

3 FERNLEA CLOSE is 108m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westfield, and where 3 FERNLEA CLOSE lies on this distribution: 34% of detached houses are smaller than 3 FERNLEA CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Westfield.

3 FERNLEA CLOSE: Plot and Title Map

3 FERNLEA CLOSE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of 3 FERNLEA 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 FERNLEA 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 FERNLEA CLOSE?

3 FERNLEA CLOSE is located in WESTFIELD, in the TN35 postcode district. The below map shows the position of No. 3 on FERNLEA CLOSE.