32, MELROSE CLOSE, HAILSHAM, BN27 3XP - £232,000

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

32 MELROSE CLOSE is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £232,000 in November 2013, which was around 38% below the average November 2013 detached price in the Wealden local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

32 MELROSE CLOSE Sold Prices

Land registry data shows four sales for 32 MELROSE 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 Wealden local authority area for the corresponding sale date. All of the four 32 MELROSE 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
2013 29 NOV	£232,000	£374,547	38% below HPI
2005 22 APR	£190,000	£310,988	39% below HPI
2000 13 OCT	£122,500	£199,295	39% below HPI
1996 1 JUN	£77,950	£105,958	26% below HPI

32 MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 32 MELROSE CLOSE sales between June 1996 and November 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 April 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2013 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 32 MELROSE CLOSE?

32 MELROSE CLOSE is 86m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 32 MELROSE CLOSE lies on this distribution: 24% of detached houses are smaller than 32 MELROSE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

32 MELROSE CLOSE: Plot and Title Map

32 MELROSE CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 32 MELROSE 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 32 MELROSE 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 32 MELROSE CLOSE?

32 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 32 on MELROSE CLOSE.