3, MARE BAY CLOSE, ST LEONARDS-ON-SEA, TN38 8EQ - £237,000

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 MARE BAY CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £237,000 in September 2013, which was around 6% below the average September 2013 detached price in the Hastings local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

3 MARE BAY CLOSE Sold Prices

Land registry data shows three sales for 3 MARE BAY 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 Hastings local authority area for the corresponding sale date. One of the three 3 MARE BAY CLOSE sales was for below the average price, whilst two were 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
2013 12 SEP	£237,000	£252,456	6% below HPI
1997 31 JUL	£84,500	£78,522	8% above HPI
1996 19 JUL	£84,000	£69,894	20% above HPI

3 MARE BAY 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 three 3 MARE BAY CLOSE sales between July 1996 and September 2013 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 July 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 MARE BAY CLOSE?

3 MARE BAY CLOSE is 92m² according to the EPC inspection conducted in March 2013. 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 MARE BAY CLOSE lies on this distribution: 32% of detached houses are smaller than 3 MARE BAY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hastings.

3 MARE BAY CLOSE: Plot and Title Map

3 MARE BAY CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 MARE BAY 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 MARE BAY 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 MARE BAY CLOSE?

3 MARE BAY CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 3 on MARE BAY CLOSE.