4, MILL CLOSE, WESTFIELD, HASTINGS, TN35 4RX - £357,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILL CLOSE is a midsized extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £658,495. It was last sold for £357,500 in November 2011, which was around 14% above the average November 2011 detached price in the Rother local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

4 MILL CLOSE Sold Prices

Land registry data shows four sales for 4 MILL 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 Rother local authority area for the corresponding sale date. All of the four 4 MILL CLOSE 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
2011 18 NOV	£357,500	£314,160	14% above HPI
2006 11 AUG	£322,500	£295,121	9% above HPI
2002 19 DEC	£285,000	£241,782	18% above HPI
1999 28 OCT	£155,000	£145,883	6% above HPI

4 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four 4 MILL CLOSE sales between October 1999 and November 2011 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 August 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 4 MILL CLOSE be worth now?

4 MILL CLOSE might now be worth an estimated £658,495.

This is based on house price inflation of 84.2%, between November 2011 and March 2025, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.2% inflationary increase is applied to the most recent sale price for 4 MILL CLOSE of £357,500 on 18th November 2011. For the value to have increased from £357,500 to £658,495 over the fourteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 4 MILL CLOSE has moved in line with the HPI for detached houses in the Rother local authority area.
• The November 2011 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL CLOSE has not materially changed since November 2011.

How Large is 4 MILL CLOSE?

4 MILL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westfield, and where 4 MILL CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 MILL CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Westfield.

4 MILL CLOSE: Plot and Title Map

4 MILL CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 4 MILL 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 4 MILL 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 4 MILL CLOSE?

4 MILL CLOSE is located in WESTFIELD, in the TN35 postcode district. The below map shows the position of No. 4 on MILL CLOSE.