4, THE DRIVE, ST LEONARDS-ON-SEA, TN38 0UR - £178,000

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

4 THE DRIVE is a very small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £178,000 in June 2010, which was around 30% below the average June 2010 detached price in the Hastings local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

4 THE DRIVE Sold Prices

Land registry data shows three sales for 4 THE DRIVE 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 4 THE DRIVE 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
2010 22 JUN	£178,000	£255,974	30% below HPI
2001 22 JUN	£132,000	£136,231	3% below HPI
1999 16 AUG	£86,500	£101,940	15% below HPI

4 THE DRIVE 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 4 THE DRIVE sales between August 1999 and June 2010 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 June 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 THE DRIVE be worth now?

4 THE DRIVE might now be worth an estimated £341,471.

This is based on house price inflation of 91.8%, between June 2010 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 91.8% inflationary increase is applied to the most recent sale price for 4 THE DRIVE of £178,000 on 22nd June 2010. For the value to have increased from £178,000 to £341,471 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 4 THE DRIVE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The June 2010 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE DRIVE has not materially changed since June 2010.

How Large is 4 THE DRIVE?

4 THE DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 4 THE DRIVE lies on this distribution: 15% of detached houses houses are smaller than 4 THE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hastings.

4 THE DRIVE: Plot and Title Map

4 THE DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 4 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

4 THE DRIVE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 4 on THE DRIVE.