3, THE LEAS, ST LEONARDS-ON-SEA, TN38 0PU - £355,000

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 THE LEAS is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £355,000 in June 2021, which was around 21% below the average June 2021 detached price in the Hastings local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

3 THE LEAS Sold Prices

Land registry data shows two sales for 3 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 3 THE LEAS 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
2021 11 JUN	£355,000	£447,708	21% below HPI
2016 4 MAY	£243,000	£342,173	29% below HPI

3 THE LEAS 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 two 3 THE LEAS sales from May 2016 and June 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 May 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 THE LEAS?

3 THE LEAS is 103m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% 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 THE LEAS lies on this distribution: 43% of detached houses are smaller than 3 THE LEAS, and 56% of houses are larger. Note that EPC data is not available for all properties in Hastings.

3 THE LEAS: Plot and Title Map

3 THE LEAS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 THE LEAS, 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 THE LEAS). 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 THE LEAS?

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