31, MARE BAY CLOSE, ST LEONARDS-ON-SEA, TN38 8EQ - £222,500

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

31 MARE BAY CLOSE is a small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £222,500 in February 2012, which was around 11% below the average February 2012 detached price in the Hastings local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

31 MARE BAY CLOSE Sold Prices

Land registry data shows four sales for 31 MARE BAY 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. Most of the four 31 MARE BAY 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
2012 17 FEB	£222,500	£250,365	11% below HPI
2005 14 DEC	£215,000	£230,156	7% below HPI
2001 5 OCT	£132,000	£143,946	8% below HPI
1996 12 JAN	£85,450	£66,302	29% above HPI

31 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 four 31 MARE BAY CLOSE sales between January 1996 and February 2012 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 MARE BAY CLOSE?

31 MARE BAY CLOSE is 88m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 31 MARE BAY CLOSE lies on this distribution: 28% of detached houses are smaller than 31 MARE BAY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hastings.

31 MARE BAY CLOSE: Plot and Title Map

31 MARE BAY CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 31 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 31 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 31 MARE BAY CLOSE?

31 MARE BAY CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 31 on MARE BAY CLOSE.