3, THE RUSSETS, ST LEONARDS-ON-SEA, TN37 7FA - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THE RUSSETS is a very large detached house of 170m², which could now be worth an estimated £598,677. It was last sold for £625,000 in October 2024, which was around 22% above the average October 2024 detached price in the Hastings local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

3 THE RUSSETS Sold Prices

Land registry data shows three sales for 3 THE RUSSETS 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. All of the three 3 THE RUSSETS sales 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
2024 15 OCT	£625,000	£512,646	22% above HPI
2023 12 JAN	£645,000	£540,757	19% above HPI
2015 3 JUL	£435,000	£306,226	42% above HPI

3 THE RUSSETS 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 THE RUSSETS sales between July 2015 and October 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 January 2023 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 THE RUSSETS be worth now?

3 THE RUSSETS might now be worth an estimated £598,677.

This is based on house price deflation of 4.2%, between October 2024 and December 2024, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 3 THE RUSSETS of £625,000 on 15th October 2024. For the value to have decreased from £625,000 to £598,677 over the ten months to December 2024, the following assumptions must hold true:

• The value of 3 THE RUSSETS has moved in line with the HPI for detached houses in the Hastings local authority area.
• The October 2024 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE RUSSETS has not materially changed since October 2024.

How Large is 3 THE RUSSETS?

3 THE RUSSETS is 170m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 3 THE RUSSETS lies on this distribution: 85% of detached houses houses are smaller than 3 THE RUSSETS, and 15% of houses are larger. Note that EPC data is not available for all properties in Hastings.

3 THE RUSSETS: Plot and Title Map

3 THE RUSSETS sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 3 THE RUSSETS, 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 RUSSETS). 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 RUSSETS?

3 THE RUSSETS is located in ST LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 3 on THE RUSSETS.